Blank endorsement

Depending on the relationship between buyer and seller, parties agree on a payment condition for the financial settlement of a goods or services transaction. In the case of blank endorsement, there is such a degree of trust between the parties that either payment is made first before shipment of the goods (payment in advance) or that payment is made after receipt for the goods/services. An international blank endorsement can be made via a telecommunication transfer (SWIFT). For international blank transfers, you can go to any Hakrinbank branch. If necessary, the corresponding IT forms will be completed and registered for you. Please use the attached transfer form for blank transfers.

Do you regularly or occasionally receive international funds in the form of export earnings, living expenses/benefits or donations? Thanks to the Hakrinbank’s extensive network of correspondents, we can guarantee that we can also quickly credit the incoming payments to your account.

 

Application form:

SWIFT Transfer Form