Article 12

Disclaimer on documents received

a.    Banks must determine that the documents received appear to be as listed in the collection instruction and must advise by telecommunication or, if that is not possible, by other expeditious means, without delay, the party from whom the collection instruction was received of any documents missing, or found to be other than listed.

Banks have no further obligation in this respect.

b.    If the documents do not appear to be listed, the remitting bank shall be precluded from disputing the type and number of documents received by the collecting bank.

c.    Subject to sub-article 5 c and sub-articles 12 a and 12 b above, banks will present documents as received without further examination.