ONWARD DELIVERY TO THE ISSUING BANK FOR PAYMENT.
+PLEASE NOTE THAT THE FIRST BENEFICIARY REQUIRES TO SUBSTITUTE
THEIR OWN DRAFTS AND INVOICES FOR THOSE OF SECOND BENEFICIARY.
+DOCUMENTS IN STRICT CONFORMITY WITH THE TERMS AND CONDITIONS OF
THIS TRANSFERRED DC ARE TO BE PRESENTED TO US AND WILL BE SENT
ONWARDS TO THE DC ISSUING BANK. UPON RECEIPT OF FUNDS FROM THE
PAYING BANK, WE SHALL REMIT PROCEEDS TO YOU IN ACCORDANCE WITH
YOUR INSTRUCTIONS. WE RESERVE THE RIGHT TO PRESENT DOCUMENTS TO
THE DC ISSUING BANK FOR APPROVAL AND PAYMENT.