- originally issued by a bank or a non-bank -
to a second beneficiary, this message is sent by the bank authorised to advise the transfer of the documentary credit, to the bank advising the second beneficiary.
When a beneficiary has requested the transfer of a documentary credit - originally issued by a bank or a non-bank -
to a second beneficiary, this message is sent by the bank authorised to advise the transfer of the documentary credit, to the bank advising the second beneficiary.
It is used to advise the Receiver about the terms and conditions of the transferred documentary credit, or part thereof.
This message is sent in addition to an MT 720 Transfer of a Documentary Credit, when the information in the documentary credit exceeds the maximum input message length of the MT 720.
