Bank Draft

 

The Bank drafts are the documents issued for the bank that is going to be responsible for the payment of the cargo at the discharge port.  A bank draft is designated in the commercial invoice section in TIR and D/R entry screens.  Once attaching an invoice and commercial value, entering a ‘Y’ in the ‘Bank Draft column field will signify that a bank draft is being issued against the cargo.  If ‘Y’ is entered, a window will open prompting the user for the name of the bank issuing the bank draft. **Note: this bank must exist in the CMS.  It prints out the bank draft in a format as designated by each ISIS client.