ADDING CONFIRMATION TO AN LC ALREADY CONFIRMED QUESTION Hello, I need some help. Is it possible for another bank to add confirmation to an LC that has already been confirmed? In other words, can an LC have two open confirmations from two separate banks? Thank you in advance. Kind regards, Emsequeira ———– ANSWER Dear Emsequeira, In trade finance, almost anything is possible—provided the parties involved are willing … Read More
Presentation Period vs. Expiry Date: When the Presentation Period Appears to Extend Beyond the LC Expiry Date
Presentation Period vs. Expiry Date: When the Presentation Period Appears to Extend Beyond the LC Expiry Date