2.10.2 Business Scenario
- Reduction in : LC Amount, Unit prices
- Support to curtail Expiry date, latest shipping dates & time period after the date of shipment for presenting documents to the bank
- To change the name of the beneficiary is substituted for the name of the applicant (buyer), but if the applicant's name is required to be stated in any document other than the invoice, this requirement must be adhered to.
- If an insurance document is required, the coverage may be increased to provide coverage as required by the original L/C.
- The place of payment or negotiation may be changed to the location of the transferee.
- Support for partial & transfer in full
Parent topic: Export LC for Transfer (ELCT)