For a path like: ftp.site.com/a/b/c/d
-nH would download all files to the directory a/b/c/d in the current directory, and -nH --cut-dirs=3 would download all files to the directory d in the current directory.
For a path like: ftp.site.com/a/b/c/d
-nH would download all files to the directory a/b/c/d in the current directory, and -nH --cut-dirs=3 would download all files to the directory d in the current directory.