Transferable Letter Of Credit

[Your Bank's Letterhead]

[Date]

[Applicant's Name and Address]

[Applicant's Bank Name and Address]

[Beneficiary's Name and Address]

[Beneficiary's Bank Name and Address]

[Issuing Bank Name and Address]

TRANSFERABLE LETTER OF CREDIT (LC) NO. [LC Number]

Dear [Applicant],

We hereby establish in your favor our Transferable Letter of Credit for the account of [Beneficiary], as per your request and application. This LC is subject to the Uniform Customs and Practice for Documentary Credits (UCP) 600, International Chamber of Commerce Publication No. 600.

1. Applicant Details:

- Name: [Applicant's Name]

- Address: [Applicant's Address]

- Bank: [Applicant's Bank Name]

- Address: [Applicant's Bank Address]

2. Beneficiary Details:

- Name: [Beneficiary's Name]

- Address: [Beneficiary's Address]

- Bank: [Beneficiary's Bank Name]

- Address: [Beneficiary's Bank Address]

3. Issuing Bank Details:

- Name: [Issuing Bank's Name]

- Address: [Issuing Bank's Address]

4. Transferable LC Details:

- LC Amount: [Amount in Currency]

- LC Currency: [Currency Code]

- Expiry Date: [Expiry Date of the LC]

5. Transferee Details:

- Name: [Transferee's Name]

- Address: [Transferee's Address]

- Bank: [Transferee's Bank Name]

- Address: [Transferee's Bank Address]

6. Terms and Conditions:

[Include all the terms and conditions of the transferable LC as agreed upon between the parties, including the terms of the underlying trade contract, shipping documents, inspection requirements, etc.]

7. Charges:

[Specify the charges and fees applicable to this LC, including confirmation fees, if any.]

8. Confirmation:

[Specify whether or not the LC is confirmed, and if confirmed, by which bank.]

9. Governing Law:

[Specify the governing law of this LC.]

Please be advised that any amendments or modifications to this LC will require the agreement of all parties involved.

This Transferable Letter of Credit is valid for negotiation and will expire on [Expiry Date of the LC]. All documents required under this LC must be presented on or before the expiry date at [Issuing Bank's Address].

If you have any questions or require further information, please do not hesitate to contact us.

Sincerely,

[Issuing Bank Officer's Name]

[Title/Position]

[Issuing Bank's Name]

[Contact Information]