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- Export Lc Confirmation
Export LC Confirmation
Add confirmation to LCs issued by foreign Banks and give a definite undertaking of payment of LC
Apply Now Find Nearest BranchExport Letter of Credit (LC) Confirmation
Axis Bank can add confirmation to LCs issued by foreign banks and give a definite undertaking of payment of LC (in addition to that of the issuing bank). Risk mitigation for payment on due date for a complying presentation under the LC, in the event of non-payment by issuing bank.
Features & Benefits
- Reduction of bank and country risk with our LC confirmation service backed by our wide global network.
- Assured payment commitments from both the issuing bank and confirming bank.
How it Works
At the beneficiary's request and subject to acceptable LC terms, Axis Bank can add confirmation to the LC if lines are available on the issuing bank.
Fees & Charges
Charges are determined on case to case basis.
Disclaimer
Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion
