Adcom Worldwide - Customer Education Center

The information gathered in the following fields will be used to generate a completed PDF copy of the Bank Draft And Transmittal Letter document. Please provide all information requested.

1.	Draft Value (numeric)
	Enter the entire amount to be collected as a numeric U.S. dollar value (e.g., "$1,000.00").
2.	Date
	Enter the date the Draft is issued.
3.	Terms of Payment
	Enter the terms of payment (also called the Tenor of the draft): at 45 Days, at Sight, At 30 days B/L, etc.
4.	Pay To The Order Of
	Enter the name of the party to be paid (Seller, "Payee"); this may be the the Seller of the Seller's bank, and will be the party to whom the foreign Buyer's bank will remit payment.
5.	Draft Value (written)
	Enter the amount from field 1a in words (e.g., "One thousand dollars and no cents").
6.	Charge To Account Of
	Enter the name and address of the paying party (Buyer, "Drawee"). For Letter of Credit payments, enter the name and address of the Buyer's opening bank as well as the L/C number and issue date.
7.	Number
	Enter an identification, or Draft, number, as assigned by the Seller to reference the transaction.
8.	Authorized Signature	Complete this field after printing final form.
9.	Forward Draft To
	Enter the name and address to whom the Draft is being sent. Unless this is a letter of credit being negotiated in the U.S., this should be the name and address of a foreign bank.
10.	Forwarding Date
	Enter the date the Draft is being sent to the bank in field 9.
11.	Draft Number
	Enter the Seller's Draft number, as noted in field 7 above.
12.	Purpose of Draft	For collection For acceptance For payment/negotiation under L/C
	Check the applicable box if the draft is part of letter of credit negotiation, a collection, or an acceptance.
13.	List of Documents	BILLS OF LADING B/L COPY COMM. INV. INS. CTF CTF. ORIG CONS. INV. PKNG. LIST WGT. CTF. OTHER DOCUMENTS
	Enter the number and type of each original and duplicate document to be included with this Transmittal Letter. Any document attached will eventually be released to the Buyer.
14.	Document Delivery	Deliver all documents in one mailing. Deliver all documents in two mailings.
	Check either "Deliver all documents in one mailing" or "Deliver documents in two mailings." Generally, documents are delivered in one mailing.
15.	Deliver Documents Against	Deliver documents against payment if sight draft, or acceptance if time draft.
	Ensure that the type of Draft attached (field 3) is compatible with the "deliver against" instructions. Sight Drafts should accompany "Deliver against Payment" instructions, while Time Drafts should accompany "Deliver against Acceptance" instructions.
16.	Bank Charges	All charges for account of drawee. Do not waive charges.
	The correspondent bank will not pay unless all charges are collected. Based on your agreement with the Buyer, indicate which party is responsible for both the remitting and presenting bank's charges. By checking "all charges for Account of Drawee," the Buyer is responsible for these charges; if the Buyer does not pay (or is not to pay) these charges, and "Do Not Waive Charges" has not been checked, the Seller will be billed for expenses incurred.
17.	Protest	Protest for Do not protest.
	Check "Protest" (specify for non-payment or for non-acceptance, depending on the type of draft attached–see instructions, field 15) if you wish the correspondent bank to process written, notarized documentation in event that the Buyer refuses to pay or accept the Draft. Additional Bank expenses associated with a protest are usually charged to the Seller.
18.	Present On Arrival	Present on arrival of goods.
	Check if you wish the Draft to be presented on the arrival of the goods to the Buyer.
19.	Advise	Advise by Advise by
	Check the appropriate blocks if you wish to be advised of payment/acceptance or non-payment/non-acceptance.
20.	In Case Of Need	NAME ADDRESS Who is empowered by us to: To act fully on our behalf, i.e., authorize reductions, extensions, free delivery, waiving of protest, etc. To assist in obtaining acceptance or payment of draft, as drawn, but not to alter its terms in any way.
	Enter the representative of the Seller in the country to which the Draft and documents are going, if one exists; check the block which describes the representative's authority.
21.	Other Instructions
	Enter any instructions to either the remitting or correspondent banks, such as remittance instructions, clarification of protest procedures, multiple-draft instructions, etc.
22.	Refer All Questions	Shipper Freight Forwarder NAME ADDRESS PHONE
	Enter the name of the contact, and his/her address & telephone number, in the Seller's country; specify if this contact is employed by the Shipper (Seller) or the Seller's agent (Freight Forwarder).
23.	Authorized Signer Name
	Enter the name of the person authorized to sign the Transmittal Letter (see field 8 above).

After you have completed the fields above, click the Continue button below to generate a PDF copy of the completed Bank Draft And Transmittal Letter document for printing and/or download. You can also choose to forward a copy of the completed document directly to Adcom Worldwide by checking the box below. Please note that you will need to print and sign this form before faxing it to us.

I would like to email a copy of the Bank Draft And Transmittal Letter document directly to the following Adcom Worldwide office:

"I have to tell you that my stock here at work goes up every time I use Adcom for a shipment...My boss thinks I can perform feats of magic."

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