Glossary entry

French term or phrase:

Cessions du produit des Lettres de Crédit (LC)

English translation:

Payments to third parties out of the proceeds/income from Letters of Credit

Added to glossary by NancyLynn
Sep 1, 2005 14:55
18 yrs ago
1 viewer *
French term

Cessions du produit des Lettres de Crédit (LC)

French to English Bus/Financial Finance (general) compliance
Cessions du produit des Lettres de Crédit (LC); si ce produit engendre un paiement au titre de la LC dans les mains de tiers alors faire attention à l'intermédiaire supplémentaire

Proposed translations

21 mins
French term (edited): Cessions du produit des Lettres de Cr�dit (LC)
Selected

Payments to third parties out of the proceeds/income from Letters of Credit

Letter of Credit seems to be fine in English.
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4 KudoZ points awarded for this answer. Comment: "I think we`re still experiencing bugs in the new KudoZ system. Thanks Conor!"
17 mins
French term (edited): Cessions du produit des Lettres de Cr�dit (LC)

Credit documents, product transfer

Third party payment under credit documents requires specific attention to suplementary intermediate involve
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+2
21 mins
French term (edited): Cessions du produit des Lettres de Cr�dit (LC)

assignment/transfer of the proceeds of Letters of Credit

[PDF] DEPOSIT ACCOUNTS, INVESTMENT PROPERTY AND LETTER OF CREDIT ...
File Format: PDF/Adobe Acrobat - View as HTML
enforcement of security interests in the proceeds of letters of credit under ...
of credit and the assignment of its proceeds. “Transfer” means that the ...
www.grahamdunn.com/pdfs/djs_april2002.pdf - Similar pages

HB1253.html
... to provide for assignment of proceeds of letters of credit; to provide for a
statute ... A letter of credit, confirmation, advice, transfer, amendment, ...
www.legis.state.ga.us/legis/2001_02/fulltext/hb1253.htm - 48k - Cached - Similar pages

FindLaw Legal News
2 The district court construed § 5-116(2) to permit the assignment of a security
... intends for the proceeds of letters of credit to be freely assignable, ...
caselaw.lp.findlaw.com/scripts/ printer_friendly.pl?page=11th/967035man.html - 17k - Cached - Similar pages

Pacifica Bank
... International Funds Transfer; Transfer of Irrevocable Letters of Credit ·
Assignment of Proceeds of Letters of Credit · Bankers Acceptance ...
www.pacificabank.com/international.htm - 14k - Cached - Similar pages

[PDF] CHAPTER 99-137 Committee Substitute for Committee Substitute for ...
File Format: PDF/Adobe Acrobat - View as HTML
assignment of proceeds of letters of credit; providing a statute of ... transfer,
amendment, or cancellation may be issued in any form that is a ...
election.dos.state.fl.us/pdf/99laws/ch_99-137.pdf - Similar pages

In re XYZ Options, Inc. (9/15/1998, No. 96-7035)
... 5-116(2) intends for the proceeds of letters of credit to be ... UCC 5-116(2) permits
the assignment of a ... opinion, we remand the fraudulent transfer claim for ...
www.law.emory.edu/11circuit/sept98/96-7035.opn.html - 18k - Supplemental Result - Cached - Similar pages
Peer comment(s):

agree Philippe Maillard
37 mins
agree lenkl : assignment, IMO
1 hr
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