Authorized signature verfication
(Updated at 14:55, 11/8/2010)
Agribank provides correspondent banks with the Authorized signature verification service

Main features:


-          Verify and confirm authorized signature as requested by correspondent banks.

-          When receive a request accompanied by original L/C, L/C amendment or shipping documents from correspondent banks, the Correspondent Banking Division of Agribank Operations Centre will verify the authorized signature on the L/C, L/C amendment or shipping documents. If authenticated, send a notice of confirmation; if not authenticated, send sending bank an investigation massage via SWIFT


Fees: Current terms and conditions of Agribank (see here)


Verification and Confirmation time: within 02 banking days


Distribution channel:


-          Directly contact Correspondent Banking Department, Agribank Operations Centre.




-          Agribank verifies the authorized signature via IPCAS system.

-          Periodically, Correspondent Banking Department of Agribank Operations Centre updates authorized signature lists of correspondent banks into IPCAS system.

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