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Bill of Exchange Template Generator – Draft & Download (Trade Finance)

Generate a clean, printable Bill of Exchange (draft) for export or import transactions. Choose a sight or term (usance) draft, enter the drawer, drawee, payee, tenor, amount, LC reference and place of issue, then preview and print a UCP 600-friendly document. Free online tool for exporters, importers and trade finance teams in India.

Draft details
Parties
Preview
This is a reference template for general guidance, not legal or banking advice. Confirm the required format and tenor with your bank and the governing LC or collection terms.

About Bill of Exchange Template Generator – Draft & Download (Trade Finance)

The Bill of Exchange Template Generator lets you produce a clean, print-ready draft in seconds. Enter the drawer, drawee, payee, tenor (sight or usance), amount, currency, LC reference, place and date of issue, and the generator lays it out in the standard international format used under documentary credits and bills for collection.

Choose between a sight draft (payable at sight) and a usance or term draft (payable at a fixed future date or a period after sight), see the amount written out in words, preview the finished document and print it. Ideal for exporters, importers, freight forwarders and trade finance teams in India who need a professional draft for LC presentations, DA/DP collections or internal records.

Features

  • Sight & usance draft support: Switch between a sight draft and a term draft with a day count and at-sight / after-date tenor.
  • All parties covered: Enter drawer, drawee and payee with addresses and roles.
  • Amount in figures and words: The amount is written out automatically in words for clarity and legal accuracy.
  • LC reference fields: Add the LC number, date and issuing bank so the draft matches your documentary credit.
  • Place & date of issue: Automatic today date, editable, with the place of issue field.
  • Live preview & print: See the finished draft instantly and print or save it as a PDF from your browser.
  • Free and private: Everything runs locally in your browser — nothing is stored.

How to Use

  1. Choose the draft type — sight (at sight) or usance (a number of days after sight or date).
  2. Enter the parties — drawer (usually you), drawee (buyer or bank), and payee.
  3. Add the amount and currency, then confirm the tenor, place and date of issue.
  4. Add the LC reference if the draft is drawn under a Letter of Credit.
  5. Preview the finished Bill of Exchange and print or save it as a PDF.

Examples

Example 1 (Sight draft under an LC): An exporter in Chennai draws a sight draft under an irrevocable LC. They enter themselves as drawer, the issuing bank as drawee, their own company as payee, enter the LC number and date, and the amount in USD. The generator produces a clean draft marked “at sight” that matches the LC — ready for presentation.

Example 2 (Usance draft for DA collection): A seller ships goods on Documents against Acceptance (DA) terms with a 60-day bill. They select a usance draft, enter “60 days after sight”, the buyer as drawee and payee, and generate a term draft that will be accepted by the buyer and paid at maturity.

Benefits

  • Save time: Create a professional draft in minutes without templates or manual formatting.
  • Reduce discrepancies: Keep the drawer, drawee, amount, tenor and LC reference aligned with your LC.
  • Standard format: Uses the widely recognised layout used under documentary credits and collections.
  • Print or PDF: Output a clean document for submission, records or bank use.
  • 100% free and private: No sign-up, no upload, runs locally in your browser.

Frequently Asked Questions

What is a Bill of Exchange?
A Bill of Exchange (or draft) is a written order from one party (the drawer) directing another party (the drawee) to pay a fixed sum of money to a named party (the payee) on demand or at a fixed or determinable future time. It is governed in many countries, including India, by the Negotiable Instruments Act, 1881, and in international trade it is commonly drawn under a Letter of Credit.
What is the difference between a sight draft and a usance (term) draft?
A sight draft is payable on demand or at sight — payment is due immediately when presented. A usance draft is payable at a fixed future date or a period after sight (for example, 90 days after date). Trade terms such as DA (Documents against Acceptance) or the LC’s tenor clause determine which is used.
What is a drawer, drawee and payee on a Bill of Exchange?
The drawer is the party who draws (issues) the bill, usually the exporter or seller. The drawee is the party ordered to pay, usually the buyer/importer or, under an LC, the issuing bank. The payee is the party to whom payment is made, which is typically the drawer (making the bill drawn on the exporter) or a bank under an LC.
How do I fill a Bill of Exchange under a Letter of Credit?
Under an LC the draft must be drawn as the LC specifies: the drawer (usually the beneficiary), the drawee (usually the issuing or nominated bank), the tenor (at sight or a number of days after sight/date), the amount and currency matching the LC and invoice, the LC number and date, and the place and date of issue. Any mismatch with the LC is a discrepancy.
What does a Bill of Exchange contain?
It contains the word “Bill of Exchange” or “draft”, the unconditional order to pay, the amount (in figures and words), the tenor (sight or usance), the drawer, drawee and payee, the place and date of issue, the LC reference where applicable, and the drawer’s signature. An invoice or transport document is often attached.
Is a Bill of Exchange the same as a Promissory Note?
No. A Bill of Exchange is an order to pay issued by the drawer and directed at a drawee, and it involves three parties. A promissory note is an unconditional promise to pay made by one party (the maker) to another, involving two parties. The Bill of Exchange is far more common in trade finance.
Is my data stored?
No. The Bill of Exchange generator runs entirely in your browser. Nothing you enter is transmitted or saved.