FILLING A ‘BILL OF EXCHANGE”

1. Place of Issuance .. City where the Bill of Exchange is issued…

2. CURRENCY name of the currency of the amount
3. AMOUNT Amount to be payed (remember to write the # symbols)
4. Date of Issuance, Date when the Bill of Exchange is issued
5. Payment date, Date when the Bill of Exchange must be payed.
6. Issuer/Payee: Person who has to collect the amout, in the Bill of
Exchange, differently as cheque, the Payee is the issuer.
7. AMOUNT IN LETTERS Amount to be payed expressed in letters.
8. Payment address, Usually payment addres is the address of the Payer’s
Bank. The place where de Bill of Exchange will be payed
9. Payment Account Number. The Acount Number or IBAN of the payer.
10. ACCEPTANCE. The payer MUST accept the debt by signing and writing
the date of acceptance
11. – NOT IMPORTANT AT THIS MOMENT
12. PAYER DATA AND ADDRESS Here the complete name and addres of the
payer must be written here.
13. NAME AND SIGNATURE Of the Issuer. Remember, in a Bill of exchange,
the issuer is the payee, the person who wants to collect the money, the
seller. Name and signature must be written here.