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Under What Circumstance A Draft Is To Be Endorsed And How To

Posted: Fri Apr 04, 2014 1:49 pm
by Allan
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

Posted: Tue Apr 08, 2014 12:56 pm
by sanjay8176
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