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Draft Issuance/Foreign Draft Issuance
Are you in need of Foreign Currency Draft?
A draft is a written order by a bank irrevocably undertaking to pay on demand a specified sum of money to the order of a specified person.
Presently our foreign currency drafts are drawn on Citibank New York for US Dollar drafts , Commerz Bank for deutschmarks and GTBank UK Limited for Pound Sterling drafts.
Requirements
- A funded domiciliary account in the currency of the draft required or
- A draft can be issued from a Liberian Dollar account but requires additional documents in accordance with Liberian foreign exchange regulations.
- A properly written and duly signed customer instruction
Foreign currency drafts can be processed at Funds Transfer Unit in our Clara Town Branch.
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