Transferable Letter of Credit
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Transferable letter of credit

Document that allows the first beneficiary on a standby bank assurance of funds to transfer all or part of the original letter of credit to a third party.

Transferable Letter of Credit

An irrevocable letter of credit with three parties. The first party is the bank issuing the letter of credit. The second party is an intermediary who accepts the letter of credit from the bank, and is called the first beneficiary. The third party is called the second beneficiary and is often an importer or exporter. Generally speaking, the first beneficiary is the second beneficiary's representative in the country in which the letter of credit is issued. In order for the letter of credit be transferable, the bank must be aware of the situation and agree to the transfer. This agreement allows the first beneficiary to transfer the letter of credit to the second beneficiary. A transferable letter of credit is relatively common for international transactions in the Far East.

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Transferor			Transaction Price Transaction Risk Transaction Tax Transactions Costs Transactions Motive Transaktion Transazione finanziari Transcribe Transcript of Account Transfer Transfer Agent transfer certificate of title Transfer Deed Transfer Notice transfer of account Transfer on Death Transfer Payment Transfer Payments Transfer Price Transfer Procedures Transfer Risk Transfer Stamp transfer tax transferable development rights Transferable Letter of Credit Transferable Letters of Credit Transferable Put Right Transferable Stock Option Transferable Stock Options Transferable-on-Death Transferee Transferencia electronica de fondos Transferencia eletronica Transferencia eletronica de fundos Transferencia unilateral Transferor Transfert Electronique de Fonds Transfert sans contrepartie Transfert telegraphique transit-oriented development Transition Industry Transition Phase Translation Translation Exposure Translation Gain Translation Loss Translation Risk Transmittal Letter Transparence Transparencia Transparency			Transfer-Cluster Restricted Transfer-function transfer-in-channel command Transfer-Line Spill transfer-list transfer-listed transfer-listing transfer-lists Transfer-matrix method Transfer/Borrow-Loan-Payback transferability transferability transferability transferability transferability transferability Transferability (chemistry) Transferability of Education Benefits transferable transferable transferable transferable transferable transferable Transferable belief model transferable development rights transferable development rights Transferable Intellectual Property Rights Transferable Intermolecular Potential Function Transferable letter of credit Transferable Letters of Credit Transferable on Death Transferable put right Transferable Put Rights transferable resistance transferable resistance transferable resistance transferable resistance transferable resistance Transferable Revolving Underwriting Facility Transferable Stock Option Transferable Stock Options transferable vote Transferable-on-death transferal transferal transferal transferal transferal Transferals to Homeland Security Transferals to Homeland Security transferase transferase transferase Transferase Uridyl Nick End Labeling Transferases Transferases Transferases Transferases (other substituted phosphate groups) Transferases (other substituted phosphate groups) Transferases (other substituted phosphate groups)

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Transferable Letter of Credit (redirected from Transferable Letters of Credit)

Transferable Letter of Credit
(redirected from Transferable Letters of Credit)