CAN AN SBLC BE AVAILABLE WITH A NOMINATED BANK OTHER THAN THE CONFIRMING BANK ? QUESTION Dear Mr. Old Man, My company, as applicant has request our bank to issue a SBLC and a international branch of the issuing bank confirmed such LC. The confirmation was needed because of the lower credit rating of the Brazilian entity. The beneficiary of the SBLC requested us to include its bank as advising bank and it was done … Read More