Term Draft instructions

Term Draft instructions

You can refer to the instructions below to help you complete the Term Draft form correctly. You must ensure that page 2 of the application form is signed in terms of existing authorities held by the Bank.

• Form - Complete in full without any corrections or alterations.
• After - Show term of the bill i.e. 30 days after bill of lading date.
• Amount - Complete amount in words and figures including currency .
• No. - Your reference number.
• Date - Enter date of bill.
• To (Drawee) - Overseas party (i.e. the importer or buyer).
• Signed - Enter company's name in full and sign in terms of authorities.