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Y C NR U OE G A MAR2 CH01 6TRAG N I IN CRETSINCIV NTTUCSUR O P PODDSPRLEAREO TE ESS IT ILM I TU B Of e n t s p a NI e s g A NT on EC node e p e sure n c d n I n the Fe I f or c a Li e n i i r z e

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An Electronic Notification of Transfer Standby (ENTS) is a report that documents when a standby letter of credit has been transferred to a third party.

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The issuing bank of the standby letter of credit is required to file ENTS.

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ENTS can typically be filled out electronically through a secure online system provided by the relevant financial institution.

What is the purpose of e n t s?

The purpose of ENTS is to notify the beneficiary and issuing bank of the transfer of the standby letter of credit to a third party.

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ENTS must include details such as the original standby letter of credit number, the name of the beneficiary, the name of the transferee, and the effective date of the transfer.

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