Export L/C Confirmation

Sellers, who do not find the assurance of the importer's bank sufficient and want to eliminate the country and political risk of the buyer, may want to add the payment guarantee of a second bank (mostly in their own country) to the letter of credit. This additional payment guarantee is called “confirmation” and is in favor of the exporting party. While adding a confirmation to an export letter of credit, the credibility of the issuing bank before our Bank is considered, not the exporting customer. It is suitable for our customers who want to carry out their transactions safely and professionally by making use of our Bank's knowledge and experience in international trade.