What is letter of credit confirmation



what is letter of credit confirmation

Letter of credit confirmation is usually requested if the seller is not comfortable with the creditworthiness of the issuing bank, and/or is concerned over. Letter of credit confirmation insurance covers French or foreign banks which confirm the payment of the letter of credit against the risk of non-payment by. A confirmed letter of credit is typically used when the issuing bank of the first letter of credit may have questionable creditworthiness and the seller.

: What is letter of credit confirmation

What is letter of credit confirmation
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What is letter of credit confirmation
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what is letter of credit confirmation

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