Andrew Bates – Australian

UPDATED 23.06.2025

Order Instruments and Order Papers are the same Financial Bonds. Bearer Bonds are different. Although confusing the word Bearer is the key word.

BEARER BOND

Bearer allows the Bond to belong to whoever has it in their possession, unless it has been reported as Lost, Destroyed or Stolen.

The popular movie ‘Die Hard’, portrayed Bearer Bonds as the Treasure to be Stolen.

Bearer Bonds are Payable to anyone that has Legal Ownership. They are often Housed in a Vault and are Illegal in Many Countries throughout the World because they are easy to Steal. It is easy to break into someone’s Home and Steal the Bond and deposit it into a Bank. Most people keep money like this in their wallet.

For example: A Dollar Note is like a Bearer Bond. If you find a Dollar Note on the street, then it is yours to keep, as many of us have done when we were children and adults alike.

It is my understanding that although this currency was in the movie ‘Die Hard’, this currency is Not Legal in The United States of America. To my knowledge in Australia, Bearer Bonds are Legal and cost $200,000 each from the Reserve Bank of Australia.

ORDER INSTRUMENT

An Order Instrument specifies the name of the Intended Recipient. This is the same as a Bank Cheque and uses the same methodology to make the important deposit into a Bank.

This is called Executing to a Bank.

For example. It is well known that a Bank Cheque is Written from One Person to a Second Person. The Second Person will Sign for it, when making a deposit to a Bank. This is why Order Instruments are Secure and seemingly impossible to commit Fraud upon.

The Order Instrument IS NOT a Blank Cheque, where anybody can own it, by signing for it and by making a deposit into a Bank.

I do not know why Blank Cheques exist?

Order Instruments cannot be incorrectly executed, unless Fraud has been committed upon them.

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FRAUD

I do not wish to alarm you, however Fraud can sometimes be committed upon an Order Instrument when they are Stolen.

If Fraud is committed upon an Order Instrument, it is made into a Bearer Bond or made Bearable to anyone.

It is my understanding that when Fraud has been committed upon Bonds, there is Handwriting on them Replacing the original numbers.

There are New Numbers on the Bond that seem to Replace the Original Numbers on a Bond.

Is this Legal?

Perhaps not, Defrauded Bonds, also known as being Illegally Endorsed, are made Bearable or payable to anyone that has obtained possession of the Bond.

It seems possible that simply writing on an Order Instrument can make it a Bearer Bond?

It is alarming, however perhaps it is also possible that any Bank Teller can perform this task, with of course a Large Commission.

Unscrupulous Banks will accept these Defrauded Bonds with little investigation and care for the True Owner of the Valuable Currency and as mentioned previously Australian Banks are currently accepting these Defrauded Bonds.

As mentioned previously, Bonds that have Writing on them with a Pen or Felt-Tip Pen have been Illegally Endorsed. Some Banks accept these Bonds and other Banks do not accept them.

Does anybody know which Banks accept Illegally Endorsed Bonds in Australia?

Perhaps Rewards should be Offered?

Would you like to know more…

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