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Question: |
Name: VV Won
Dear Experts,
I have a insurance certificate, which doesn't have any signature, but only a
round company chop.
Does it
constitute discrepancy?
Thanks in advance!
V.V. |
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Answer
(from Bogdan Ilie) |
Unless the LC
clearly stipulates that insurance document must be "signed by handwriting"
or similar, the insurance certificate is valid.
Please review paragraph 39 of ISBP (681)
“A signature
need not be handwritten. Facsimile signatures, perforated signatures,
stamps, symbols (such as chops) or any electronic or mechanical means of
authentication are sufficient….”
Best regards, |