This is a format of ICPO (Irrevocable Conditional Pay Order)
THIS IS OUR ACCEPTABLE

Text format of mt 103

Irrevocable conditional pay order text of pay order mt 103 -23
to:
name of bank: address: account name: account no: s.w.i.f.t.:
date of issue:
date of expiration:
reference: transaction code: ……
We,
bank with address at the instructions of our account Holder “company limited” , account number: xxxxxxx ,hereby confirm our irrevocable payment undertaking
for the amount of us$ – ( million hundred and
united states dollars) , in favour of your client …( the seller )……..
We hereby confirm that the funds are good, clean and cleared funds of non- criminal origin and are from a legal source.
This irrevocable s.w.i.f.t. is a binding fully performed due bill and is immediately within one banking day callable on us for cash payment against the bank certified invoice conditional upon reception of the documents as follows
1.-
2-
3-
4-
5-
This conditional, irrevocable, divisible, assignable, transferable and callable s.w.i.f.t. wire transfer is valid for five (5) banking days from ………. Day of ……… 201x and until the ……… Day of ……… 2013 1700hrs central european time.
This is an operative bank instrument and is subject to the uniform commercial code as it relates to bank credit instruments
Bank officer
Name
Title