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Buyer: (SWIFT 700) AGAINST BG Seller: (SWIFT 760) MAJOR WORLD BANK 103% CONTRACT PROCEDURES1. BUYER SENDS ICPO2. BUYER SIGNS CND AND IMFPA3. SELLER ISSUES FULL CORPORATE OFFER (FCO) AND BUYER RETURNS
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Buyer Swift 700 is against fraudulent activity.
Buyers who suspect fraudulent activity are required to file Buyer Swift 700.
Buyer Swift 700 can be filled out online or by submitting a paper form.
The purpose of Buyer Swift 700 is to report suspicious or fraudulent activity.
Buyer Swift 700 requires information about the suspicious activity, individuals involved, and any evidence.
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