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Home Tag Archives: Transferring a transferred LC

Tag Archives: Transferring a transferred LC

WHETHER A TRANSFERRED LC CAN BE TRANSFERRED TO A THIRD BENEFICIARY

By Mr Old Man
March 17, 2021
in :  Mr Old Man, Q&A
0
4,344

QUESTION Sir I am trader in petroleum field. I have the following issue and need your advising: My client is the first beneficiary who will receive the LC via mt700 from his end user then will transfer it to me as the second beneficiary via MT 720 Now I want to transfer MT 720 to the end seller as the …

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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