i know that according to ucp 500 sub-article 48(h) the l/c can be transferred only on the terms and conditions specified in the original l/c except for the amount , the expiry date ,the last date for presentation of documents in accordance with artivl 43 and the period of shipment maybe reduce or cu...

in a transferable l/c the first beneficiary asking us to transfer part of l/c to second beneficiary the amount and valditiy are reduced they also requested to delet some of required documents such as pakinglist and insurance cert. since these documents are to be presented by first beeficiary along w...