§ 328.5 Forms of endorsement.

When presented by banksFor payment or exchange.(a) —(1) The endorsement placed on a bearer security presented for payment or exchange by a bank should be in the following form:

For redemption at par.(2) The endorsement placed on a bearer security presented for redemption at par in payment of Federal estate taxes should be in the following form:

For conversion to book-entry securities.(b) The endorsement placed on a bearer security presented for conversion to a book-entry security shall be in the following form:

When presented by Service Center Directors or District Directors, Internal Revenue Service.(c) The endorsement placed on a bearer security by a Service Center Director or a District Director, Internal Revenue Service, should be in the following form:

For presentation to the Federal Reserve Bank of __________, Fiscal Agent of the United States, for redemption or in exchange for securities of a new issue, in accordance with written instructions submitted by __________. (Insert name of presenting bank)

For presentation to the Federal Reserve Bank of ________, Fiscal Agent of the United States, for redemption at par in payment of Federal estate taxes, in accordance with written instructions submitted by ________________. (Insert name of presenting bank)

For presentation to the Federal Reserve Bank of _________, Fiscal Agent of the United States, for conversion to book-entry securities by _________. (Insert name of presenting bank)

For presentation to the Federal Reserve Bank of _______;, Fiscal Agent of the United States, for redemption, the proceeds to be credited to the account of the Service Center Director, Internal Revenue Service, at _____, for credit on the Federal _________ (Income, gifts, or other) taxes due from _________. (Name and address)