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Application for Advice of Partial Transfer

TO THE COMMERCIAL BANK OF XXX, LTD. DATE :
YOUR ADVICE NO.

L/C No.
For
Favour:
Opening Bank:

Gentlemen :
We hereby irrevocably transfer in part the above\mentioned credit to

under the same terms and conditions of the credit with the following exceptions :
(1) The amount to be transferred :
(2) The latest shipping date :
(3) The expiry date :
(4) The quantity of commodities :
(5) Special instructions :

Any amendment(except the increase of the amount) to the credit hereafter made is to be advised to the transferee (Second Beneficiary) with same notice to us.

The original credit (including amendments to this date, if any) is attached and we request you to endorse this transfer on the reverse thereof and to return the same to us.

We agree to indemnify and hold you harmless against any and all losses, damages and expenses arising from your actions on this transfer.
Yours very truly,

Accepted by
                                    

Authorized Signature &
Name of Second Beneficiary

                                    

Authorized Signature &
Name of Second Beneficiary

Please mention your full address and telephone Number.

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