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specified and the associated risks.
The issuance of this type of credit is one that the ICC
actively discourages, as it undermines the responsibilities of
the issuer as defined in UCP an d offers the beneficiary little
or no security.
－ 摘 錄 自 ICC Banking Commission Unpublished Opinions Publication No.660, June.
1995-2004, R511(TA60), ICC
註 六： 2005, P.32-33 This type of clause will typically be seen on credits for
which the transferring bank has not added its confirmation.
It is more a statement highlighting the position of the
transferring bank as a nominate d bank in line with sub-
Article 10(c) of UCP500, rath er than the bank’s position
under Article 48. Sub-Article 48 (c) is there to demonstrate
that whilst a bank may be nomina ted to transfer, it is under － Transferable
no obligation to do so.(Opinion R.482)
credits and the UCP500: Commission on Banking
Technique and Practice, 30 October 2002
79
