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UIPO (Unconditional Irrevocable Pay Order) DRAFT
UIPO (Unconditional Irrevocable Pay Order) DRAFT
ANNEX No. 1.
- Unconditional and irrevocably confirm that I will order and direct my bank to endorse automatic
payment orders to the beneficiaries named below; furthermore, I, the Receiver, confirm that all pay
orders, retransfer and reinvestment shall automatically transfer funds as directed into each benefi-
ciary designated bank account within 72 (Seventy Two) hours after receipt funds via SWIFT GPI
MT103 CASH TRANSFER .For the purpose of clarity, I confirm that the closing and completion of
each payment shall be deemed to take place when the Receiver has been received the SWIFT MT
103 into Receiver bank account for each tranche. This payment is unconditional, transferable, as-
signable and divisible.
- I agrees to provide all beneficiaries with written evidence of the pay orders lodged with omy bank
together with acknowledgements of their acceptance. Furthermore, my bank shall be instructed to
provide duly signed and stamped acknowledgement of this instruction as set out in the basic con-
tract. Forming part of this agreement it is understood that for the purposes of this Unconditional
Irrevocable Pay Order, my bank shall be the same bank and this UIPO acts as an integral part of it.
- Being Receiver or the Receiver’s named legally authorized representative as stated within the signed
and legally binding main transaction, contract unconditionally agree and undertake to approve and
originate all Payments, retransfers and reinvestment in EURO currency to all beneficiaries named
below as their rightful and payable fees to all consultants and intermediaries involved. This agreement
also acts as a record confirming the fees amounts for each named beneficiary as set out below:
- I hereby confirm that this document constitutes a guaranteed, irrevocable, unconditional and not
retractable payment order issued to the beneficiaries named herein, given with full criminal and ma-
terial liability personal and corporate, to simultaneously pay, without any protest and/or delay,
upon the closing of the transaction under the above entered codes is totally completed, the com-
pensation to the beneficiary' bank accounts, as stipulated herein. Each SWIFT transfer to the Bene-
ficiary shall have a statement that warrants that the funds are good, clear, of non-criminal origin,
free from any liens and taxes, freely tradable and transferable. The signature of the beneficiaries of
this pay order is not required to make this pay order valid or enforceable.
Page 1 of 4 Payer
ON COMPANY LETTERHEAD
- Any hereby has no right to change this document after signature and hereby agree to adhere to this
document without fail. Should I also acknowledge should I ignore this signed Payment Guarantee
Letter (UIPO) I can be held legally responsible!
- I HEREBY CONFIRM THAT IS THIS UNCONDITIONAL IRREVOCABLE PAY ORDER (UIPO) INTEGRAL, IN-
SEPARABLE AND FULLY LEGALLY BINDING PART OF THIS AGREEMENT AND THAT I WILL FOLLOW ALL
ITS PROVISIONS UNTIL FINAL UNTIL FINAL EXECUTION WITHOUT ANY SUPPLEMENTARY ORDERS.
- I hereby swear and sign under penalty of perjury, that the information provided in this UICPO is
accurate and true. I made this affirmation under the position of the director/CEO of the company.
PAYER DETAILS
COMPANY NAME:
COMPANY ADDRESS:
COMPANY REG. №:
REPRESENTED BY:
PASSPORT №. :
DATE OF ISSUE:
DATE OF EXPIRY:
COUNTRY:
BANK NAME:
BANK ADDRESS:
SWIFT CODE:
ACCOUNT NAME:
IBAN :
BANK OFFICER NAME :
BANK OFFICER TEL / E-mail:
PAYMENTS SHALL BE DULY HONOURED WITHOUT DELAY, WITHIN
NOTE1 TWO (2) BANK WORKING DAYS UPON RECEIPT OF EACH CREDIT TO
OUR CORPORATE ACCOUNT.
BENEFICIARY/PAYMASTER CAN CHANGE ANY TIME HIS PROVIDED
NOTE2 BANK ACCOUNT ON THIS CONTRACT BY INFORMING THE RECEIVER
PRIOR TO PAYMENT.
Page 2 of 4 Payer
ON COMPANY LETTERHEAD
1. (PAYMASTER) / BENEFICIARY
2. (PAYMASTER) / BENEFICIARY
Page 3 of 4 Payer
ON COMPANY LETTERHEAD
BANK ENDORSMENT
Title/Position: ……………………………………………………
PIN : ................
Title/Position: ……………………………………………………
PIN : ................
Page 4 of 4 Payer