A letter of cj dit is called transferable if it can be transferred by its original beneficiary to one or more parties. 如果信用证可以由原受益人转让给另一个或几个人，那么这种信用证即为可转让信用证。
Transferred credit means a credit that has been made available by the transferring bank to a second beneficiary. 转让信用证意指经转让银行办理转让后可供第二受益人使用的信用证。
