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If an electronic record contains a hyperlink (1) to an external system or (2) to a presentation indi

If an electronic record contains a hyperlink (1) to an external system or (2) to a presentation indicates that the electronic record may be examined by reference to an external system, the electronic record at the hyperlink or at the referenced system shall be deemed to be the electronic record to be examined. This implies that a bank must examine the external source indicated in a document in order to examine the presentation properly.

The use of external source in electronic presentments constitutes a significant depart from the paper system of presentation. A reference in a paper document under UCP600 to an external source would be() acceptable/() unacceptable.

Under the eUCP where an external source is indicated and its citation is()permissible/() not permissible.

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