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Home Tag Archives: confirmed-and-confirmable

Tag Archives: confirmed-and-confirmable

CONFIRMED AND CONFIRMABLE

By Mr Old Man
March 10, 2010
in :  Uncategorized
0
3,098

QUERY FROM CHARLESLC’s confirmed or confirmable Need advise – Could someone explain the meaning of LC’s be confirmed or confirmable – What is the difference? I appreciate any help with this Charles————————COMMENT FROM ARMAGEDO Simple Hi! I think this refer to discussion of contract or something like this CONFIRMED means that LC should bear confirmation upon issuance. And, as for …

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From Negotiation to Payment: What’s Behind the Confirming Bank’s Request?

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