APPLICATION FOR ADVICE OF TOTAL TRANSFER
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인
지
TO THE ABC BANK OF KOREA, LTD.
DATE :
YOUR ADVICE NO.
L/C No. Dated
For the amount of
Issued by
In favour of
For account of
Gentleman:
We hereby irrevocably transfer all of our right under the above-mentioned credit to
The transferred (hereinafter called the Second Beneficiary) shall have sole rights as beneficiary under the credit, including all rights relating to any amendment, whether increases or extensions or other amendments, and whether now existing or hereafter made.
The credit hereafter may be amended, extended or increased, without our consent or notice to us and will give notice thereof directly to the Second Beneficiary.
The original credit(including amendments to this date, if any) is returned herewith for your endorsement. We request you to notify the Second Beneficiary in such form as you deem advisable of this transfer or the credit and of the terms and conditions of the credit as transferred.
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 First Beneficiary
please mention your full address and telephone Number |
2007.11.24
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