Published on Letter of Credit Forum (http://letterofcreditforum.com)

Standby Letter of Credit

By niwath
Created 02/16/2009 - 01:06

When a bank received a Transferable Standby Letter of Credit from another bank, so what number of message type (SWIFT) will we use to transferable of that standby letter of credit? and a bank which received transferable LC and process of that transferable LC to second beneficiary has liable or not?

 


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