Transferable credit means a credit that specifically states it is “transferable”. A transferable credit may be made available in whole or in part to another beneficiary (“second beneficiary”) at the request of the beneficiary (“first beneficiary”).

转让信用证意指明确表明其“可以转让”的信用证。根据受益人（“第一受益人”）的请求，转让信用证可以被全部或部分地转让给其他受益人（“第二受益人”）。

Transferring bank means a nominated bank that transfers the credit or, in a credit available with any bank, a bank that is specifically authorized by the issuing bank to transfer and that transfers the credit. An issuing bank may be a transferring bank.

转让银行意指办理信用证转让的被指定银行，或者，在适用于任何银行的信用证中，转让银行是由开证行特别授权并办理转让信用证的银行。开证行也可担任转让银行。

Transferred credit means a credit that has been made available by the transferring bank to a second beneficiary.

转让信用证意指经转让银行办理转让后可供第二受益人使用的信用证。

c. Unless otherwise agreed at the time of transfer, all charges (such as commissions, fees, costs or expenses) incurred in respect of a transfer must be paid by the first beneficiary.

c. 除非转让时另有约定，所有因办理转让而产生的费用（诸如佣金、手续费、成本或开支）必须由第一受益人支付。

d. A credit may be transferred in part to more than one second beneficiary provided partial drawings or shipments are allowed.

d. 倘若信用证允许分批支款或分批装运，信用证可以被部分地转让给一个以上的第二受益人。

A transferred credit cannot be transferred at the request of a second beneficiary to any subsequent beneficiary. The first beneficiary is not considered to be a subsequent beneficiary.

第二受益人不得要求将信用证转让给任何次序位居其后的其他受益人。第一受益人不属于此类其他受益人之列。

e. Any request for transfer must indicate if and under what conditions amendments may be advised to the second beneficiary. The transferred credit must clearly indicate those conditions.

e. 任何有关转让的申请必须指明是否以及在何种条件下可以将修改通知第二受益人。转让信用证必须明确指明这些条件。

f. If a credit is transferred to more than one second beneficiary, rejection of an amendment by one or more second beneficiary does not invalidate the acceptance by any other second beneficiary, with respect to which the transferred credit will be amended accordingly. For any second beneficiary that rejected the amendment, the transferred credit will remain unamended.

f. 如果信用证被转让给一个以上的第二受益人，其中一个或多个第二受益人拒绝接受某个信用证修改并不影响其他第二受益人接受修改。对于接受修改的第二受益人而言，信用证已做相应的修改；对于拒绝接受修改的第二受益人而言，该转让信用证仍未被修改。

g. The transferred credit must accurately reflect the terms and conditions of the credit, including confirmation, if any, with the exception of:

g. 转让信用证必须准确转载原证的条款及条件，包括保兑（如有），但下列项目除外：

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