题目内容
The letter of credit can be transferred to one or more second beneficiaries, and from the second beneficiary, it can be transferred to more than two beneficiaries.
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According to the provisions of the trade contract, the letter of credit should clearly indicate whether partial shipment is allowed, and if it is not specified, it can be understood that partial shipment is not allowed.
Once the application form under letter of credit is accepted, it becomes an agreement between the issuing bank and the applicant.
Irrevocable credit cannot be amended.
Banks have up to five banking days following the receipt of documents to examine and notify the party from which they receive documents of their acceptance or non-acceptance.
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