According to ISBP 745 B15, A draft is to be endorsed, if necessary.
Could any friend here tell me under what circumstance a draft is to be endorsed, and how to
endorse?
Thanks a lot!
Allan
Under What Circumstance A Draft Is To Be Endorsed And How To
-
- Posts: 4
- Joined: Fri Apr 04, 2014 1:15 pm
- First Name: ALLAN
- Last Name: LEE
- Organization: CDB
- Filter: Two Plus Two =: 4
- Location: CHINA
-
- Posts: 5
- Joined: Tue Apr 08, 2014 11:11 am
- First Name: SANJAY
- Last Name: BHATT
- Organization: SBI
- Filter: Two Plus Two =: 4
- Location: UNITED STATES
under What Circumstance A Draft Is To Be Endorsed And How To
In my opinion, when a draft is made to order of bank or drawer, the said bank and the drawer which is mentioned in the draft needs to blank endorsed