The ITFA Digital Negotiable Instruments Initiative Manual – second edition

After International Trade and Forfaiting Association (ITFA) released the first edition of the manual on digital negotiable instruments in April 2020, its second edition is now also available. The latest manual describes two key deliverables that Enigio’s trace:original documents are aligned with: The legal side explains a functionally equivalent instrument – the electronic Payment Undertaking (ePU) that acts in the same way as the traditional Bills of Exchange and Promissory Notes, delivering the […]