ICC Digital Library Forum

Posted: **Tue Apr 29, 2003 1:00 am**

Dear Sirs,

We would like to contact someone who usually works with transferable stand-by l/c just to clarify some aspects regarding the trasferability.

regards,

Posted: **Wed Apr 30, 2003 1:00 am**

let us first know about the kind of stand-by L/C, i.e. a commercial one or a financial one covering credit facilities.

Roland

Posted: **Wed Apr 30, 2003 1:00 am**

Dear Roland,

The stand-by l/c covers a commercial transaction.
Thanks