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LC confirmation is the definite undertaking of the confirming bank (The bank that adds confirmation on the LC), in addition to the undertaking of the issuing bank, to honor or negotiate a complying presentation. Confirmation eliminates the country risk and insolvency risk of the issuing bank.
Importers frequently find its difficult to get a confirming bank
    • which is acceptable to exporter
    • who can provide confirmation for a long tenor LC
    • Whose pricing is competitive
    • Our ability to place your requirement with more than 50 confirming banks located in different continents.
    • Versatile knowledge of our consultants on Global Trade financing Markets
    • Our proven track records in the Bangladesh market.

Does your business need LC confirmation ?