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PER UNCITRAL CONVENTION Amount: Five Hundred Million and 00/100 Cents ($500,000,000.00) USD Issued by (ISSUER): FIDES GESTI N FINANCIERA, S.A.P.I. DE C.V. (hereinafter FIDES ), Issued as per UNCITRAL CONVENTION. Pay to the order of (BENEFICIARY): Name of beneficiary For the purpose of: providing full payment for PURPOSE . Assignment: The BENEFICIARY or any subsequent Holder hereof may assign all rights, title and interest in, to and under this International Bill of Exchange, by so not.

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The International Bill of Exchange consists of various fields that must be accurately filled out. Payee: The person or entity to whom the payment is to be made. Drawee: The institution responsible for making the payment. Sum Certain: The exact amount to be paid. Date: The date when the bill is issued.

An international bill of exchange is a written order signed by one person, called the drawer, directing another person, called the drawee or payor, to pay a certain amount of money to a third person, called the payee or bearer. It is a type of foreign draft that is payable in another country or state.

For example, if a company in the United States sells goods to a company in Japan, the seller can use an international bill of exchange to receive payment from the buyer. The seller would write the order, and the buyer's bank would pay the amount to the seller's bank or the seller directly.

A bill of exchange is of real use if it is accepted by the person directed to pay the amount. For example, X orders Y to pay ₹ 50,000 for 90 days after date and Y accepts this order by signing his name, then it will be a bill of exchange.

How is an exchange bill prepared? The Drawer creates the bill of exchange. A buyer/debtor may be drawn upon by a seller/creditor entitled to payment from the debtor. The Drawer should sign the bill of exchange as its maker after writing it.

In international trade, the exporter (the drawer) draws a bill of exchange on the importer (called the drawee). The payer may be the exporter itself or a third party.

The details to be included on a Bill of Exchange document: Reference Number (usually related to a shipment or Commercial Invoice reference number) Amount in Figures, Currency. Bill of Lading date (if applicable) Place and Date of Issue. At (details confirmed between seller and buyer) Pay to the order of (Exporter's Bank)

Here's how a bill of exchange works: Drawing up the bill: The drawer creates the bill of exchange, detailing the amount, the drawee, and the payee. Acceptance: The drawee accepts the bill by signing it, acknowledging the obligation to pay. Endorsement: The bill can be endorsed to another party, making it transferable.

As well, a bill of exchange must be accepted by the drawee to be valid.

Bills of exchange are used in commerce, particularly international trade, by businesses and banks in countries as far-flung and diverse as the U.S., Morocco, and Australia. Think of a bill of exchange as an invoice presented in exchange for goods or services.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232