WHEN DOES THE CONFIRMING BANK INSIST ON THE LC TO INCLUDE A REIMBURSEMENT BANK? QUESTION Dear Mr. Old Man, I hope you are having a good day. Referring to your article “Bank to bank reimbursement under LCs” on March 5, 2010 I have asked a question. If the nominated bank is adding its confirmation to LC, can it request the issuing bank to amend the LC to include a reimbursing bank to get control … Read More