Mr Old Man Q&A EMAIL ADDRESSES IN SWIFT MTs By Mr Old Man Posted on February 28, 2024 1 min read 0 0 749 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUESTION Hello again! May I bother you again with a quick question? The LC requires B/L to indicate the consignee and notify party including their email addresses, e.g., ABC(AT)STANDARD.COM while the presented BL indicates [email protected] Is this considered as a discrepancy? Thank you for your continuous cooperation. Muna najjar —- ANSWER Hi, As you may know, a number of characters are not allowed in one or more of the SWIFT character sets such as < (less than sign), $ (Dollar), % (percent sign), # (number sign), @ (commercial AT sign)… Every email address contains this sign @, e.g., [email protected] and when you say email address, the sign @ is pronounced AT. To comply with Swift usage rules, when an LC issued in Swift MT 700 Format requires a document to indicate an email address, AT should be used to replace @, e.g., nguyen(AT)mroldman.net. Conclusion: The fact that the presented BL indicates email address as [email protected] complies with the LC requirement. No discrepancy! Best regards, Mr. Old Man
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?