How to Create a Bill of Exchange (BoE)

Keep your cash in your pocket!

Understanding and Using a Bill of Exchange to Legally Settle all Bills Sent by GovCorp without spending your hard-earned cash.

What Is a Bill of Exchange?

A Bill of Exchange (BOE) is a legal financial instrument rooted in the Bills of Exchange Act – a document that directs one party to pay a specific amount to another.

Think of it as a written promise or order, much like a cheque, but with a twist: it can be used to settle debts without dipping into your personal cash. In the context of fines or demands from government or corporate entities (often referred to as “GovCorp”), a BoE leverages your inherent financial rights – allegedly tied to a trust like the Cestui Que Trust – to offset what’s owed.

Historically, this concept isn’t new. It’s been part of commerce for centuries, designed to facilitate transactions without immediate cash exchange. Banks only operate with Bills of Exchange and Promissory Notes. The ‘money notes’ in your wallet are Bills of Exchange.

Today, some argue it’s a tool to challenge what they see as unlawful demands for our money by a tyrannical corporation that has assumed the role of government – turning the tables on agencies by using their own legal framework.

---

How Does a Bill of Exchange Work?

The mechanics are straightforward but rely on precise execution:

1. GovCorp sends you a bill. It could be a fine, toll, rates notice, or any other demand.
2. The Issuer is the organization that sends you the bill.
3. You create the BoE: You, the alleged debtor, follow the steps below to draft the document, naming the creditor (the Issuer GovCorp agency) as the payee
4. You mail the BoE by registered mail. Then sit back and wait for their response. By law, they should respond with a Receipt, but often they will try to deny your BOE. So be prepared to handle any rejections.
5. Acceptance or Rejection: The creditor receives the BOE and has a limited window (typically 72 hours, but you can set the time limit up to 28 days if you wish) to accept or return it. If they keep it without objection, it’s legally considered “settled” under the Bills of Exchange Act.
6. Settlement: The debt is settled and the biller can take it to the bank for payment.

This hinges on the idea that entities like police or councils operate under corporate rules, not absolute authority, and must adhere to laws governing financial instruments. GovCorp demands for you to pay their bills lack legitimacy without a court conviction, making a BoE a lawful countermeasure. We use their laws to stop their corruption and make them the PUBLIC SERVANTS they are.

---

Steps to Create and Use a Bill of Exchange to Settle any GovCorp Bill

Ready to try this approach? Here’s a step-by-step guide to crafting and deploying a BOE when faced with a fine:

Step 1: Gather Your Materials

• Original Billing Notice sent by GovCorp: Always make a digital and paper copy of the document sent by the agency (e.g., a speeding ticket or utility bill) to start creating a paper trail.
• Pen and Paper: You’ll need a wet-ink signature for legal weight.
• Envelope and Postage: For sending it back securely by registered mail.

This is very important:
1. Scan or photograph the Bill as soon as you get it and keep the image in a folder dedicated to each Bill of Exchange
2. Always keep copies and create a paper trail
3. Proof of receipt for the BoE you send back to GovCorp is your safety net.

Step 2: Draft the Bill of Exchange
Write this message in blue ink clearly on the original fine notice:

• Pay to the order of [Biller’s Name]
  Without recourse
  By: [Endorser’s Signature] [Date]
  {sign your name
  as you normally do here]
• [Then write you name below your signature]
  First Middle, of the house Surname}
  Endorser, General Executor
• Sign it with your usual signature in blue ink (or red ink if you wish) – no digital signatures.
• Date it for the day you post it – this starts the 72-hour clock.
• Each time you create a new BoE, click on the LIP FORMS image below to generate an Authority to Process Bill of Exchange Letter and enclose it with the original BoE you are sending to the biller. Each BoE you prepare must be accompanied by a Authority to Process
• If you know a specific person’s name (e.g., the officer issuing the fine), address it to them for added precision, or address it to the CFO of the organization. You can also make a copy of the original and address it to the Fraud Department.

Generate the Letters	Join Telegram (LIP)
Click to generate a professionally written letter using the simple form generator that mails you the letter ready to send.	Click here to join LIP Telegram to find tons of information about BoE, and to connect with others.

Example of how to write on a Bill:

Use blue or red ink. Never black. This not only indicates a living man or woman signed, but it makes your writing clear.

Draw a Z from top to bottom on any pages that are not part of the bill. What does it mean? Click here

Step 3: Send It Back

• Place the Bill of Exchange you have created into an envelope and address it to the person, or the organization department head if you don’t have a name. Include the Authority to Process from LipForms.com
• Always send your BoE’s by registered mail – tracking ensures they can’t deny receiving it. No need to get a signature at the other end. Your post office receipt is evidence enough that you sent the BoE.
• Mail it to the address on the notice – don’t call or email, as verbal communication weakens your paper trail.

Step 4: Wait and Monitor

• 72-Hour Rule: If they don’t return the BOE within three days, but if you have given them longer to responde, do not do anything. But if they have not responded within the time limit they have accepted your settlement… whether they realize it or not.
• Follow-Up: If they persist with demands and refuse to honour your BoE after the time limit, note their response (or lack thereof) – it’s evidence they’ve accepted the BOE.
• It’s not your job to do their job. Once you have sent your BoE or response letter, do nothing. Wait for their response, and then decide your next step.
• Often, an organization will settle your account, but neglect to confirm with a receipt. You can, and should, write to demand a legally formatted receipt, notarised by the person responsible.
• Check the next bill they send. If it shows a new amount, this shows they have accepted your last BoE.

Step 5: Stand Firm

• Avoid phone calls – if you slip up and answer, say, “I can’t discuss this over the phone; communicate by mail only,” then hang up.
• Keep records – every letter or notice they send strengthens your case if it escalates.

---

Proof it Works

Read the many stories of success on Telegram (LIP) section Winners & Grinners. The link to Telegram LIP is available above too.

What can go wrong:

• Agencies might ignore the BOE and escalate (e.g., license suspension or even court). Do not fear this. Use it as an opportunity to challenge their decision, and threaten to take them to court for breaking their own laws.
• Legal recognition varies – courts may not always uphold this tactic, but if you go prepared with all the documents in your paper trail you have an excellent chance of winning. A win is a precedent everyone else can use. However, it is unlikely they will want to go to court, as a loss could collapse the whole system. There have been many reports that thei case was settled out of court instead.

When GovCorp Refuses to Honour your BoE

GovCorp often attempts to refuse to accept a BoE. But this is because they do not know the law. The key is consistency and confidence – treat it as a lawful process, not a bluff. When an organization refuses to accept a Bill of Exchange, you are probably dealing with a bureaucrat who does not know the law and only knows how to process bills as they have been taught. Therefore, they need to be educated. Use these letters to respond and remember to ask them to prove they are exempt from the Bills of Exchange Act:

First Response: If the organization refuses your BoE, stating they do not accept this form of payment, send this letter.

Second Response: If they continue to refuse to process your BoE, download and send this letter:

FOI Requests to Country Attorney Generals confirming no government agency is exempt from their Bills of Exchange Act:

---

Tips for Success

• Know the Law: Read the Bills of Exchange Act (In Australia, Sections 30 and 34) – understanding it bolsters your stance.
• Paper Trail: Never ignore documentation – it’s your shield if challenged. Keep copies of all documents generated by you and GovCorp as you deal with them.
• Community Support: Connect with others using this method – shared experiences refine the approach.

Join the Mike Holt Show website forum to discuss anything in private
Mike Holt hosts a Zoom chat every Thursday. Join the chat and ask your questions

Join Mike’s Australasian Zoom Chat	Join Mike’s European Zoom Chat

What to do if GovCorp decides to take you to court

There are caselaw precedents that confirm Bills of Exchange presented as explained in this article are legal tender under the law. For example, refer to Commercial Bank of Australia v. Amadio” (1983) 151 CLR 447: So, when you go to court, be prepared and walk in confident you can win because you have the law on your side. You will be there to present the FACTS to the judge. They cannot deny the law in court.

Take these when you go to court:

1. If there is no FOI report listed in this website for your country, be proactive and write to your national Attorney General and ask the questions on the downloadable FOI letter on this page. Take the response to court to prove that you have made every effort to learn if the company trying to penalize you in court is exempt from the law. They have to answer your challenge in court.
2. Take these when you go to court: A copy of the BOE(s) you sent, and copies of all correspondence between you and the organization, including their letters attempting to deny accepting the settlement and demanding money with menaces, and using threats with enforcement. These are crimes and you can point this out and have them charged.
3. Print out and take a copy of the Bills of Exchange Act for your country. We have provided links to various countries’ Bills of Exchange. If your country is not listed here, please send us a link to it and we will add it to the growing list. An easy way to find the equivalent sections in your country’s Bills of Exchange Act is to use any AI program. We prefer X/Grok, but ChatGPT is good too. This is what you ask: compare the australian bills of exchange act 1909 with the [your country] bills of exchange act [provide the link here] and give me the list of sections in the slovenian act that compare to the australian act sections, 8, 26, 47, 48, 68. It will compare the two bills and show you the equivalent sections in your bill. Then print them out and include them in your court documents.
4. If your country is a signatory to the UCC Rules, print out and take a copy of the UCC Rules Article 3. This is the section that governs how GovCorp must process negotiable instruments (BOE, Promissory Notes, etc). However, the UCC Rules are only a guide for nations to follow. They do not impact on your ability to create a Bill of Exchange. Even if your country is not bound to UCC rules they will follow them because they govern international trade.
5. When you go into court stick to the FACTS. Magistrates and judges hate wasting time. There is plenty of help on Telegram (LIP) Court Matters (Click on the Image LIP FORMS above).
6. Often, the court or GovCorp solicitors will accuse you of being a “sovereign citizen”. Ignore them. You are in court to establish the FACT that you have acted within their laws. Never respond to their claims, unless it will help you present the FACTS. Instead, always challenge any claims they make in court. If they make the claim they must prove it for the court. You are not there to fight their claims.
7. Common law does not work in their courts. Don’t try to use it. Their courts are purely commercial contract courts. You are there to prove that you have acted legally, not to debunk the opposition.
8. If/When the opposing solicitor attempts to argue that a BOE is not a legal financial instrument don’t try to educate him. Instead, always challenge any claims they make and ask them to prove their claims, or prove their client is exempt from the law.
9. Show the magistrate/judge your evidence – It’s called Presenting Evidence to the Court – and explain that you have acted honorably while doing everything possible to settle the account legally. Ask the magistrate/judge if the organization that has summoned you to court can prove they are exempt from the law. That should settle your case in your favour. However, in the corrupt court systems we currently suffer under there are no guarantees that they will follow the law, so be prepared to be defeated. But always go in with a positive attitude, because you are right and they are wrong.

KNOWLEDGE IS POWER! GET THE POWER AND BE CONFIDENT

Final Thoughts

As you gain more knowledge you become more Confident. This is essential. You must be confident you are right and they are trying to perpetrate a criminal act against you.

Using a Bill of Exchange to tackle GovCorp demands for your money is a bold move – a mix of legal savvy and defiance against perceived GovCorp overreach. It’s not about dodging responsibility but questioning the legitimacy of their demands. Whether it works depends on your execution and persistence, and the agency’s response. Never give up because “it’s too hard”.

This is very important. Read it!

If you’re intrigued, start small
Test it on a small fine first
and build up your confidence

Must Watch Videos

These videos explain how BOE’s work. Watch them at least once each. They share invaluable information:

Richard Vobes explains how your birth certificate works: The Trust is in your name. Grab it!

Michael Rolf and Mike Holt discuss and explain BOE’s

South African Michael Tellinger explains how Bills of Exchange work

Visit his website here. It’s fascinating. https://www.michaeltellinger.com/

Michael Tellinger and Scott Cundill discuss the fascinating story about Banks and the Global Banking Scam

– 7 March 2023

Would you like to have a handy reference? Get this e-Book in PDF format and read it any time.

References:

Here’s where to find your country’s Bills of Exchange Act. If yours is not listed, please send us the link to your country’s Bills of Exchange Act and send it to us to publish here: mike@mikeholtshow.com

• The Australian Bills of Exchange Act 1909
• Belgium Lawbook of Economics’. Article VII.216: It is in Dutch, but the Belgian legislature for the bill of exchange is in a lawbook called (translated) ‘the Lawbook of Economics’. Article VII.216 is all about the bill of exchange (in Dutch: “Wisselbrief”). Use ctrl+f search funtion to find the chapter
• Belgium Bill of Exchange Act (Dutch)
• Canada Bills of Exchange Act
• Cyprus Bills of Exchange Law
• Danish Bill of Exchange Act
• France Code de Commerce
• Gibraltar Bills of Exchange Act
• India THE NEGOTIABLE INSTRUMENTS ACT, 1881 (PDF)
• Ireland Bills of Exchange Act
• New Zealand Bills of Exchange Act
• Norwegian Bill of Exchange Act 1932
• Poland Bill of Exchange Act
• Romanian Bill of Exchange Act – Law #58/1934
• South Africa Bills of Exchange
• Swedish Bill of Exchange Act
• Slovenia Bills of Exchange Act
• Tonga Bills of Exchange Act 1988 (Revised)
• UK 1882 Bills of Exchange Act
• US Bills of Exchange Act 1882

These are the most important sections of the Australian Bills of Exchange Act 1909 you should read and understand:

• BILLS OF EXCHANGE ACT 1909 – SECT 08 – Bills of Exchange defined
• BILLS OF EXCHANGE ACT 1909 – SECT 22 – Definition and requisites of acceptance
• BILLS OF EXCHANGE ACT 1909 – SECT 24 – General and qualified acceptances
• BILLS OF EXCHANGE ACT 1909 – SECT 25 – Inchoate instruments
• BILLS OF EXCHANGE ACT 1909 – SECT 26 – Delivery
• BILLS OF EXCHANGE ACT 1909 – SECT 35 – Presumption of good value and faith
• BILLS OF EXCHANGE ACT 1909 – SECT 36 – Negotiation of bill
• BILLS OF EXCHANGE ACT 1909 – SECT 47 – Non-acceptance
• BILLS OF EXCHANGE ACT 1909 – SECT 48 – Dishonour by non-acceptance and its consequences
• BILLS OF EXCHANGE ACT 1909 – SECT 50 – Rules as to presentment for payment
• BILLS OF EXCHANGE ACT 1909 – SECT 66 – Acceptor the holder at maturity
• BILLS OF EXCHANGE ACT 1909 – SECT 68 – Cancellation
• BILLS OF EXCHANGE ACT 1909 – SECT 70 – Acceptance for honour supra protest

Key Things to Know:

• If you have a payment plan, such as a mortgage or a large Bill, and you would like to settle the whole account, ask the organization to send you a consolidated invoice so that you can settle the account in full. Tell them to include any interest and fees for settling the account early as well.
• Never answer their phone calls or emails. If you do unknowingly answer a phone call from them, when you realize who you are talking to just say, “I’m sorry. I cannot talk to you on the phone about this. You must always communicate by mail only.” And then hang up. You need to force them to create a paper trail so that they cannot deny anything, especially if your case ends up in court.
• If they email you, never respond to the contents. Simply reply with an instruction for them to communicate with you only by post office mail.
• Always scan or photograph the original bill so that you have a record. Write your BOE message on the original and send it back.
• If their Bill includes a due date, you must respond before then, or be in dishonor.
• When they refuse a BOE the account has been settled.
• If you know the name of a person sending you GovCorp demands for your money, address your BOE to them. But if not, address it to the Chief Financial Officer of the organization. The CFO is often the person with the knowledge on processing Bills of Exchange.
• A BOE is a valid financial instrument. Any organization claiming it does not accept BOE’s is just saying they are ignorant of the law. Write back and ask them to PROVE they are exempt from the law. They have made the claim. Now they must prove it.
• You can generate the letters to accompany your BOE, or to respond to their denials, by filling in the details at this website and you will receive a beautifully written letter to send with your BOE and responses: https://lipforms.com/
• BOE’s work in any country that follows the UNIDROIT (UCC) Code that governs how governments must deal with financial instruments to facilitate international business..
• REMEMBER! Never give up. When GovCorp makes a claim, or tries to deny that they are bound by law, you must always challenge them to prove their claims. Write and ask them to PROVE that they are exempt from the law. They can’t, of course, so this question should stop them in their tracks.

Did you find this article useful?
Please share it with your family, friends, and colleagues.