c. to accept a bill of exchange (“draft”) drawn by the beneficiary and pay at maturity if the credit is available by acceptance.
对于承兑信用证承兑由受益人出具的汇票并到期付款。
2
This letter of Credit is transferable in China only, in the event of a transfer, a letter from the first beneficiary must accompany the documents for negotiation.
本信用证仅允许在中国转让,如有转让,第一受益人须有书面转让文书连同单据一起议付。
3
An revocable credit is one that its commitments can be altered or even cancelled without consulting with the beneficiary.