By: Atty.

Catherine Amen
 NI NNI

Transfer Transfer

Assignment
Negotiation Assignment

OI BI

 NI means Negotiable Instrument; NNI means Non-negotiable Instrument

Assignment (NNI)
 DO
Assignment (NI); Section 49, NIL
M means Maker
I means Indorser (General Indorser)
DO means Delivery Only
H means Holder
 “PAY TO X”

Special Indorsement; Section 34

X is the Indorsee
Y is the Indorser
 “PAY TO X”

Blank Indorsement; Section 34

No Indorsee
Y is the Indorser
 QI

NI; Order Instrument

M means Maker
QI means Qualified Indorser
 QI

NI; Order Instrument; With Breach of Warranties

M means Maker
QI means Qualified Indorser
 IBI

NI; Bearer Instrument; Section 40, NIL

M means Maker
PND means Person Negotiating By Mere Delivery
IBI means Indorser in a Bearer Instrument
H means Holder
 PND IBI IBI

NI; Bearer Instrument; Section 40, NIL; With Breach of Warranties

M means Maker
PND means Person Negotiating By Mere Delivery
IBI means Indorser in a Bearer Instrument
H means Holder
 PND IBI PND

NI; Bearer Instrument; Section 40, NIL; With Breach of Warranties

M means Maker
PND means Person Negotiating By Mere Delivery
IBI means Indorser in a Bearer Instrument
H means Holder
B B

Section 50 in relation to Section 48, NIL

B B G

Section 50 in relation to Section 48, NIL

 D –E

D & E without valuable consideration

Section 26, NIL