BC6 · Trade Intelligence · published_demo

What is a Transferable L/C? Middleman Credit That Still Needs Document Control

A transferable L/C allows the first beneficiary (often a trading company) to transfer drawing rights to a second beneficiary (often the factory). Transferability must be expressly stated — and quantity/price substitutions have strict limits.

payment · guide · quality 98 (excellent) · conf 93

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What is a Transferable L/C? Middleman Credit That Still Needs Document Control — Knowledge Intelligence