FAQ - User Bank

User Banks are SignatureNet participants with read-only access. They can verify signatory data of their correspondent banks without having to manage their own List of Authorised Signatories in SignatureNet.

Participation in SignatureNet is open to all financial institutions and their business partners. After registering, you will receive an invitation by e-mail to confirm your participation. Registration is non-binding and free of charge. 

This service is free of charge. However, for security and compliance reasons, a legally valid contract must be signed.

Once we have received the legally signed contract, it usually takes 1-2 working days for you to receive the access data for your User Bank account in SignatureNet.

After you have logged in to SignatureNet, you search for a specific Issuing Bank and request access to its signatory data (LAS) within SignatureNet. The Issuing Bank will immediately receive a message about your request.

You cannot determine yourself which signatory directories you are allowed to access - this is done exclusively by authorisation from the Issuing Bank.

The complete signatory directory of your correspondent bank cannot be downloaded.

The basic idea behind SignatureNet is that you can access the current and previous versions of your correspondent bank's signatory directory at any time. It is not permitted to store signatory data for verification at a later date.

However, it is possible and permitted to save a print version of an individual signatory with a time stamp to prove that the verification for the respective transaction was carried out at the correct time.