16.2.5 New Drawdown Notice to the Participant Bank

You can generate this notice to inform the participant bank about the new drawdown that is due to the customer.

All the fields (excluding Standing Instructions) available in the New Drawdown Notice to the Borrower are available in this notice. In addition, the following fields are included.
  • The name of the borrowing customer.
  • The amount contributed by the participant bank and the base currency in which it is expressed.
  • The participant’s amount in the optional currency.
  • The following Settlement Instructions.
  • The name of the beneficiary’s bank, account no and address.