dBE Process

dBE process

trace:original digital bills of exchange remains digital throughout the lifespan of the document. Follow the link below to see a detailed process for each stage of the bill of exchange process.

Issuance, acceptance and aval

  1. The drawer creates the dBE using the bank’s customer portal entry (self-service)
  2. The dBE is created as a digital PDF document by using the trace:original ‘digital printer’ with the bank
  3. The drawer e-signs the dBE
  4. The signed dBE is issued as a digital  original negotiable instrument and the drawer invites the drawee (and avalising bank if applicable) to e-sign the dBE

Transfer - endorsement

  1. 1.The drawer initiates a transfer/endorsement/assignment of the dBE in the bank’s customer portal (self-service).
  2. The drawer add a copy of or reference invoice and bill of lading (BL) as attachments to the dBE, and add a pre-agreed assignment text (if applicable).
  3. The drawer execute the transfer of the original dBE with attachments to the bank.
  4. The bank receives a digital invitation to accept the original dBE (with attachments) and thereby get possession over the negotiable instrument.


  1. Upon payment of the dBE, The bank as the owner present the dBE to the drawee´s (aval) bank for payment. Presentation may be validated by the bank by providing prove of possession of the BE, or by drawee´s bank to evidence the possession and validity in the Notary Service.
  2. On drawee´s banks confirmation on payment, the bank execute the transfer the original dBE.
  3. The drawee´s bank receives an invitation to accept the original dBE and thereby takes possession over the negotiable instrument. Upon receipt of possession of the dBE, the drawee´s bank may invalidate the dBE.
  4. Accept of transfer of dBE and invalidation thereof


  1. Notice of dishonour (formal Protest /apostille) must be given within a “reasonable time” or specific timeframe from time of dishonouring depending on jurisdiction.
  2. Present prove of possession of BE to Notary for formal protest if required .
  3. Present Protest/apostille for court procedure. Foreclosure / enforcement performed based on protest (apostille)
  4. Default management /NPL asset management