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Hello

Not entirely sure but check out www.fsb.co.uk

suitable luck
jex

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it means you are individual ripped off.

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Answers:    Only credits designated as transferable by the issuing bank can be transferred. Terms such as divisible, fractionable, assignable and transmissible do not render the credit transferable. If such lingo are used, they will be disregarded.

Divisible letter of credit
The permanent status is obsolete. It denoted a documentary credit that could be "split" surrounded by favour of more than one beneficiary. See "Transferable Documentary Credit."

If you are worried enjoy a look here as could be a fraud or scam

http://www.met.police.uk/fraudalert/comm...

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the divisible letter of credit that can be divided Lc amount as frequent parts and can transfer respectively part to different beneficiaries.

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