Application to Irrevocably Transfer an
Export Documentary Letter of Credit

You need Adobe Reader 9.0 to view this form. You can download Adobe Reader free of charge.
PLEASE ENSURE THIS FORM IS COMPLETED ONLINE (TYPED)
To: The Manager
ANZ Trade and Supply Chain
Select (Branch)
Date (dd/mm/yyyy)

From: (Customer name and address, include company identification number if applicable):

Please complete as appropriate:Transferable Documentary Letter of Credit details:
Documentary Letter of Credit NumberIssuing Bank

Original amount of Credit

Expiry Date (dd/mm/yyyy)

I/We enclose the original of the above Transferable Documentary Letter of Credit (Export Credit) issued in our favour together with any attachments
and amendments. As first beneficiary of the Export Credit, I/we now irrevocably request and authorise ANZ to transfer our rights in the Export Credit inaccordance with the following instructions, to the named Transferee below:
Name of Transferee		Address of Transferee

Transferee’s Bankers		

Banker’s Address (if known)

SWIFT

If correspondent arrangements are not held with the nominated Transferee Bank, ANZ may choose the correspondent bank.
Terms of transfer
This transfer is subject to the same terms and conditions as contained in the Export Credit with the exception of the following
Amount in figures (including currency)

Amount in words (including currency)

Unit price(s) amend to (as applicable)

Quantity of goods

Place of Expiry

New Expiry Date* (dd/mm/yyyy)

New latest shipment date (dd/mm/yyyy)

Presentation period for documents reduced todays*(Minimum seven day reduction compared to original Documentary Letter of Credit’s period)

The percentage of insurance cover required under the transferred credit is increased toOther Details (if applicable)

Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522.

%*

Second Beneficiary’s Bank fees are for account ofPage 1 of 2

Application to Irrevocably Transfer an
Export Documentary Letter of Credit

I/We retain the right to substitute my/our own invoices for those of the transferee and provide my/our draft for the difference in value.
If within three business days of notification from ANZ I/we have failed to deliver substitute draft and invoices, I/we hereby authorise ANZ to forward
the documents accompanying the draft of the transferee to the issuing bank without any responsibility on ANZ’s part to pay me/us the difference
between the amount of the transferee’s draft and the amount authorised to be paid under the Export Credit.
Amendments

advised to the transferee without my/our consent.

Charges:Please debit ANZ’s charges for this transfer (including SWIFT costs) to our:
Domestic account number 		Foreign Currency account number: (Currency & number)
Our bank charges for the transfer are for the account of		Customer agreement:
If not already allowed, we authorise ANZ to seek approval from the issuing bank to allow ANZ to act as Transferring Bank.
We confirm that this request and the attached Documentary Letter of Credit are subject to Uniform Customs and Practice for Documentary Credits(2007 Revision) International Chamber of Commerce Publication No. 600 and the Uniform Rules for Bank-to-Bank Reimbursements under DocumentaryCredits, International Chamber of Commerce Publication No. 725.
We represent and warrant that the details of the Export Credit and the terms of the transfer specified in this application are true and correct. If ANZ
agrees to act upon this application, please advise the Transferee of the terms of the Export Credit and the instructions in this application.
We acknowledge that ANZ retains the right to amend presentation periods and the percentage of insurance cover required in order to ensurecompliance with the initial Export Credit under advice and consultation with us.
This application is subject to, and we are bound by, the terms in the ANZ Trade Terms booklet and any other applicable Trade Agreement. We confirm
that ANZ has given us the booklet or we have accessed it at anz.com/corporate and given us the other applicable Trade Agreements. We acknowledge
ANZ recommends that we read these documents and seek clarification from ANZ about any issues of concern.
Authorised Signature

Name of Authorised Signatory

Authorised Signature

Name of Authorised Signatory

Company stamp or chop (if applicable):* ANZ retains the right to amend presentation periods and the percentage of insurance cover required in order to ensure compliance with the initial Documentary Letter of Credit
under advice and consultation with the first beneficiary.

BANK USE ONLY
Date received (dd/mm/yyyy)				

Signature(s) verified
YesNoAll checks completeApproved byTrade Relationship Officer

Manager / Team Leader

Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. ANZ’s colour blue is a trade mark of ANZ. Item No. 76277E 01.2012 W262236

Page 2 of 2