Corruption of an Electronic Record After Presentation a. If an electronic record that has been received by the issuing bank, confirming bank, or another nominated bank appears to have been corrupted, the bank may inform the presenter and may request that the electronic record be re-presented. b. If the bank requests that an electronic record be re-presented: i. the time for examination is suspended and resumes when the presenter re-presents the electronic record; and ii. if the nominated bank is not the confirming bank, it must provide the issuing bank and any confirming bank with notice of the request for re-presentation and inform it of the suspension; but iii. if the same electronic record is not re-presented within thirty (30) calendar days, the bank may treat the electronic record as not presented, and iv. any deadlines are not extended. |
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