International Trade - Bank Draft / Bank Draft & Transmittal
The Bank Draft and the Bank Draft & Transmittal Letter are used as a negotiable instrument and must contain all of the following elements:
-It must be signed by the drawer
-It must be payable on demand (sight) or at a specific time(time)
-It must contain an unconditional order to pay a certain sum of money.
-It must be properly endorsed either to the drawer or to the drawer's bank.
The transmittal-remittance letter contains the shippers complete and precise instructions on how the documents are to be handled and how payment is to be made.
Available as a 9.5" x 11", 4 Part Continuous Feed for a Dot-Matrix Printer