>  Term: Confirmed Letter of Credit
Confirmed Letter of Credit

A letter of credit which a bank other than the bank that opened it agrees to honour as though they had themselves issued it. This additional confirmation is in addition to the obligation of the bank which issued the letter of credit.

0 0

작성자

  • Harry8L
  • (London, United Kingdom)

  •  (V.I.P) 574128 포인트
  • 100% positive feedback
© 2026 CSOFT International, Ltd.