5 Bill of Exchange

1
CHAPTER 2
BILL OF EXCHANGE
1 2
3
Bill of Exchange
No :..
For :.. ..Date .
At sight of this FIRST of Exchange ( SECOND the same
tenor and date being unpaid ) . Pay to the order of ..
the sum of ..
Drawn under
.
.
To : Authorized Signature
4
At sight of this SECOND of Exchange ( FIRST the same
the sum of ..
Drawn under
.
.
Bill of Exchange
No :..
For :..
..Date .
5
Bill of Exchange
No :..
For :.. ..Date .
At sight of this FIRST of Exchange ( SECOND the same
the sum of ..
Drawn under
..Irrevocable L/C No ..
Date..
6
At sight of this SECOND of Exchange ( FIRST the same tenor
and date being unpaid ) . Pay to the order of ..
the sum of ..
Drawn under
Irrevocable L/C No ..date
Bill of
Exchange
No :..
For :..
..Date .
2
7
A bill of exchange or "draft" is a written order
by the drawer to the drawee to pay money to
the payee.
A bill of exchange is an unconditional order
in writing addressed by one person to
another, signed by the person giving it,
requiring the person to whom it is addressed
to pay on demand or at fixed or determinable
future time a sum certain in money to order
or to bearer. (Sec.126)
A bill of exchange requires in its inception
three parties
the drawer
the drawee payee/beneficiary
9
Bill of exchange act of 1882 BEA 1882 (UK)
Uniform law of bill of exchange ULB 1930
Uniform commercial codes 1962 UCC (US)
International bill of exchange and
international promissory note 1980
10
N NN N 0: 0: 0: 0: 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007
For : For : For : For : USD 28,000.00 USD 28,000.00 USD 28,000.00 USD 28,000.00
At sight of this At sight of this At sight of this At sight of this First First First First of Bill of exchange of Bill of exchange of Bill of exchange of Bill of exchange
( ( ( ( Second Second Second Second of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to
the order of the order of the order of the order of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty US dollars twenty US dollars twenty US dollars twenty
eight thousand only eight thousand only eight thousand only eight thousand only
To : To : To : To : Dong A Co, Ltd Dong A Co, Ltd Dong A Co, Ltd Dong A Co, Ltd
Vietnam Sony ,Corp Vietnam Sony ,Corp Vietnam Sony ,Corp Vietnam Sony ,Corp
12
3
N 0: N 0: N 0: N 0: 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007
At sight of this At sight of this At sight of this At sight of this Second Second Second Second of Bill of exchange of Bill of exchange of Bill of exchange of Bill of exchange
( ( ( ( First First First First of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order
of of of of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty eight thousand only US dollars twenty eight thousand only US dollars twenty eight thousand only US dollars twenty eight thousand only
To : To : To : To : Dong A Co, Ltd Dong A Co, Ltd Dong A Co, Ltd Dong A Co, Ltd
Vietnam Sony ,Corp Vietnam Sony ,Corp Vietnam Sony ,Corp Vietnam Sony ,Corp
13
N NN N 0: 0: 0: 0: 05/04 Tokyo, July 09, 2007 05/04 Tokyo, July 09, 2007 05/04 Tokyo, July 09, 2007 05/04 Tokyo, July 09, 2007
At sight of this At sight of this At sight of this At sight of this First First First First of Bill of exchange of Bill of exchange of Bill of exchange of Bill of exchange
( ( ( ( Second Second Second Second of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the
order of order of order of order of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty eight US dollars twenty eight US dollars twenty eight US dollars twenty eight
thousand only thousand only thousand only thousand only
Drawn under Drawn under Drawn under Drawn under :Bank for Foreign trade of Vietnam Ho Chi Minh :Bank for Foreign trade of Vietnam Ho Chi Minh :Bank for Foreign trade of Vietnam Ho Chi Minh :Bank for Foreign trade of Vietnam Ho Chi Minh
Branch Branch Branch Branch
Irrevocable Irrevocable Irrevocable Irrevocable L/C No L/C No L/C No L/C No 50LA0179 50LA0179 50LA0179 50LA0179 date date date date June 25 2007 June 25 2007 June 25 2007 June 25 2007
To : To : To : To : Bank for Foreign trade of VN Bank for Foreign trade of VN Bank for Foreign trade of VN Bank for Foreign trade of VN
Ho Chi Minh Br Ho Chi Minh Br Ho Chi Minh Br Ho Chi Minh Br Sony ,Corp Sony ,Corp Sony ,Corp Sony ,Corp
Signed Signed Signed Signed
14
N NN N0: 0: 0: 0: 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007 05/04 Tokyo, July 09 2007
At At At At 60 days after 60 days after 60 days after 60 days after sight of this sight of this sight of this sight of this first first first first of Bill of exchange of Bill of exchange of Bill of exchange of Bill of exchange
( ( ( ( Second Second Second Second of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to of the same tenor and date being unpaid ) pay to
the order of the order of the order of the order of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty eight US dollars twenty eight US dollars twenty eight US dollars twenty eight
15
At At At At 90 days after date 90 days after date 90 days after date 90 days after date sight of this sight of this sight of this sight of this second second second second of Bill of exchange of Bill of exchange of Bill of exchange of Bill of exchange
( ( ( ( First First First First of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order of the same tenor and date being unpaid ) pay to the order
of of of of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty eight thousand only US dollars twenty eight thousand only US dollars twenty eight thousand only US dollars twenty eight thousand only
16
At At At At 90 days from B/L date 90 days from B/L date 90 days from B/L date 90 days from B/L date sight of this sight of this sight of this sight of this second second second second of Bill of of Bill of of Bill of of Bill of
exchange exchange exchange exchange
( ( ( ( First First First First of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the of the same tenor and date being unpaid ) pay to the
order of order of order of order of Tokyo Bank Tokyo Bank Tokyo Bank Tokyo Bank the sum of the sum of the sum of the sum of US dollars twenty eight US dollars twenty eight US dollars twenty eight US dollars twenty eight
17 18
4
Endorsement Exchange:
Types of Endorsement:
Blank endorsement
Order endorsement
Restrictive endorsement (e.g. for
deposit only)
Without recourse endorsement
Endorsement Endorsement
19
Guaranty
Negotiation
Protest
20
21
A promissory note A promissory note A promissory note A promissory note, referred to as a note
payable in accounting, or commonly as just a
"note", is a negotiable instrument, wherein
one party (the maker or issuer) makes an
unconditional promise in writing to pay a sum
of money to the other (the payee), either at a
fixed or determinable future time or on
demand of the payee, under specific terms.
22
A promissory note issued by the Second Bank
of the United States, December 15, 1840, for
the amount of $1,000
23 24
5
CHECK CHECK CHECK CHECK CHECK CHECK CHECK CHECK - -- -- -- - SC SC SC SC SC SC SC SC
25 26
27
A cheque cheque cheque cheque (or check check check check in
American English) is a
document/instrument
(usually a piece of
paper) that orders a
payment of money.
The person writing the cheque, the drawer,
usually has a current account (British), or
checking account (US) where their money was
previously deposited. The drawer writes the
various details including the money amount,
date, and a payee on the cheque, and signs it,
ordering their bank, known as the drawee, to pay
that person or company the amount of money
stated.
NGI
NHAN TIEN
NGI
PHAT HANH
NGAN HANG
THANH
TOAN
Drawer, Payee, Drawee
1. drawee, the financial institution where the cheque can be
presented for payment
2. payee
3. date of issue
4. amount of currency
5. drawer, the person or entity making the cheque
6. signature of drawer
7. Machine readable routing information
29
Nominated Check
Nameless check Pay to bearer
Cheque to order Pay to the order of
30
6
31 32
Circulation chart
G&S( 1 )
Sec ( 2 )
Sec(3 )
(4 ) collection
order
(5 ) debit
(6 ) clear
(7 ) cr
Sec(3 )
Cheque Bill of exchange
7
Description
Made from plastic
96 mm x 54 mm x 0.76 mm

5 Bill of Exchange

Uploaded by

Copyright:

Available Formats

5 Bill of Exchange

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

5 Bill of Exchange

Uploaded by

Copyright:

Available Formats

1

You might also like