Verify That Digital Signatures On Credit And Guarantees Are Binding

By Scott Blakeley - The credit department is going electronic for a variety of reasons, including: faster payments, reduced discrepancies with the customer, lower administrative costs, competition, and customer requirements. But does having your customer complete credit application guarantees online, and agreed to with a digital signature, have the same legal effect as a handwritten signature from your customer?E-Signature ActThe 2000 federal law, The Electronic Signatures in Global and…