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Documentation in transferable LC's

Posted: Fri Jul 20, 2018 10:34 pm
by inomdag
1) How can one "hide" the name of the second benf. on official documentation (C.of origin, C.of analysis, B/L, :) etc) other than allowing for
"third party documents acceptable".

Transferable.... possible

Posted: Tue Jul 24, 2018 10:30 pm
by picant
Hi Pal,

in effect not all transferable l/c are transferable by hiding sensitive data as name of buyer or producer.
Some forwarders may act as "pivot" by preparing documents in the name of third parties when it is possible, beneficiary may ask for a l/c with few documents for availment.
Other comments appreciated
Ciao

Documentation in transferable LC's

Posted: Mon Jul 30, 2018 2:01 pm
by inomdag
Thank you Picant