IRREVOCABLE BANK PAY ORDER BUYER’S GROUP (ANNEX “A”)

TO: Name of Bank Transaction Code

Address:
Attn: BANK OFFICER POSITION:

Please pay to the Order of, the sum or its equivalent value in Philippine Peso, Euro in United States
Dollars, the herein named persons as Beneficiaries for the cost of commodities and compensation for
their services rendered in the form of any acceptable Banking Instrument and/or direct deposit to their
individual account with the amount due them from all transaction proceeds received from your bank,
irrevocable, unconditionally, without recourse as follows:

Amount in PESO PERCENT

BENEFICIARIES NAMES ACCOUNT NUMBER SIGNATURE
or in DOLLARS SHARE

1.

2.

3.

4.

5.

This master Pay Order as incentive to deserving beneficiaries/payees above is irrevocable,

transferrable, divisable, assignable, unconditional and immediately payable upon consummation of
initial TRANSCHE open ended without delay. In case of disability or demise of any of the above-named
beneficiaries, their heirs, successor-in-interest and assignees may collect the amount due on their
behalf, provided sufficient proof of authority is presented.

IN WITNESS WHEREOF, we have hereunto set our hands and affixed our signature, this ___ day of
_________________ 20 ___ at ______________________ City, Philippines.

____________________________ ____________________________
PRINCIPAL SELLER/ HOLDER PRINCIPAL BUYER

WITNESSED BY:

_________________________________ _________________________________

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ACCEPTED AND APPROVED FOR PAYMENT WITH FULL BANKING ENGAGEMENT AND
RESPONSIBILITY AND SECURITY IMMEDIATELY UPON RECEIPT OF PAYMENT.

Bank Officer’s Name

________________________________ Signature: ________________________

Position: Bank:
 INDIVIDUAL IRREVOCABLE BANKPAY ORDER OF PAYMENTS

Transaction Code :

Date : PAYING DEPOSIT BANK :

To : ADDRESS :
: For the attention of :

NAME OF OFFICERS

POSITION / TITLE
SUBJECT:

We, the undersigned acting full power, and responsibility, do hereby instruct you to irrevocably
and unconditionally pay to the beneficiaries whose signature appears herein below immediately upon
receipt of the funds in the amount opposite his/her name and/to codes below to wit:

Name of Beneficiary Share Amount Signature

The above payment to the Beneficiary/Payee is in consideration to the valuable services

rendered in this transaction, including other valuable considerations and such payment shall be
affected without restrictions, impediments or delays of any kind of nature whatsoever:

This ORDER OF PAYMENT is irrevocable, transferable, assignable and divisible and shall be
paid either in the PHILIPPINES LAWFUL CURRENCY OR UNITED STATE DOLLAR CURRENCY, City
of _______________________________, Philippines, _________________2024.

SIGNATURE OF PRINCIPAL BENEFICIARY

CTC No. :
Date :
Place :

PAYMASTER

ACKNOWLEDGMENT

Confirmed and guaranteed with full bank engagement and responsibility to pay immediately
upon receipt of payment from the PAYMASTER.
City of , Philippines 2024.

BANK OFFICER POSITION NAME OF BANK