transferred credit

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

已转让信用证指已由转让行转为可由第二受益人兑用的信用证。

If a credit has been transferred, the name of the first beneficiary as consignee would also be acceptable.

如果信用证已经转让，那么以第一受益人作为收货人也可接受。

Consequently, the Credit cannot be transferred at the request of the Second beneficiary to any subsequent Third beneficiary.

因此，第二受益人不得要求将信用证转让给其后的第三受益人。

According to Accounting Criteria of Enterprises Debt Reconstruction, in paying debt by non-cash asset, the recording value of non-cash asset transferred by the creditor should be determined by the book value of the credit.

《企业会计准则债务重组》规定，以非现金资产清偿债务时，债权人受让的非现金资产的入账价值应根据债权的账面价值确认。