VERBIAGE OF THE MT110-“BANK DRAFT”

SWIFT MT110 – EURO

MESSAGE HEADER MT110 FORMAT
FROM:

BANK NAME:
BANK ADDRESS:

BANK OFFICER:
BANK TEL.:
SWIFT CODE:

RECEIVING BANK
BANK:
BANK ADDRESS:
SWIFT CODE:
A/C: NUMBER:
A/C NAME
BANK OFFICER:
BANK TEL.:

REFERENCE TRANSACTION CODE:

BENEFICIARY;
ASSIGNED BENEFICIARY:
DATE OF ISSUE:
MATURITY DATE:
AMOUNT:
CURRENCY:

S.W.I.F.T: MT110

WE HEREBY CONFIRM OUR BANK DRAFT NUMBER _______ AS FOLLOWS:

FOR VALUE RECEIVED BY US, WE _________, LOCATED AT ___________________________, WITH FULL BANK RESPONSIBILITY HEREBY
CONFIRM THE AUTHENTICITY OF OUR ISSUED IRREVOCABLE, UNCONDITIONAL, ASSIGNABLE AND ENDORSABLE BANK DRAFT NUMBER:
__________, IN FAVOUR OF xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx THE BEARER OR HOLDER AT MATURITY THEREOF OR THEREIN

WE FURTHER CONFIRM WITH FULL LEGAL CONFORMITY OF THE CURRENT BENEFICIARY __________________________ THE ASSIGNMENT/
ENDORSEMENT OF THE BANK DRAFT WITH SERIAL NUMBER____________________ IN FAVOUR OF ------------------ WITH ACCOUNT
NUMBER ______________FOR THEIR SOLE USE AND BENEFIT.

WE ALSO CONFIRM THAT THE FUNDS ARE CLEAN CLEARED CASH FUNDS DERIVED FROM LEGITIMATE BUSINESS TRANSACTION OF NON
CRIMINAL ORIGIN AND VALID FOR ONE YEAR AND ONE MONTH. WE PROMISE TO PAY WITHOUT PROTEST OR NOTIFICATION AGAINST THIS
BANK DRAFT AT MATURITY DATE ON _______________, THE SUM OF ______________MILLION EURO DOLLARS ($.X0,000,000.00) IN THE
LAWFUL CURRENCY OF THE EUROPEAN UNION UPON PRESENTATION AND SURRENDER OF THE ORIGINAL OF THIS BANK DRAFT AT OUR
COUNTERS AT _________--- AT ___________________________________.

SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ANY DEDUCTIONS, OR CHARGES, FEES, OR WITHHOLDING OF ANY
NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF
___________________OR ANY POLITICAL SUBDIVISION.
THIS BANK DRAFT IS ASSIGNABLE, AND TRANSFERABLE WITHOUT PRESENTATION OF IT TO US NOR THE PAYMENT OF ANY TRANSFER FEES
OR CHARGES.
THIS BANK DRAFT IS GOVERNED BY THE UNIFORM CUSTOMS AND PRACTICE FOR BANK DRAFTS AS SET FORTH BY THE INTERNATIONAL
CHAMBER OF COMMERCE, PARIS, FRANCE, PUBLICATION NO. 600 (LATEST REVISION)
THIS IS AN OPERATIVE INSTRUMENT FOR AND ON BEHALF OF __________________ SUBJECT TO THE INTERNATIONAL REMITTANCE
REGULATION OF _____________ AND NO CONFIRMATION WILL FOLLOW.
FOR AND ON BEHALF OF _________________-
_______________ ________________
BANK OFFICER 1 BANK OFFICER 2
TITLE: TITLE:
PIN CODE: PIN CODE: