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- Export LC Confirmation
Export LC Confirmation
Axis Bank can add confirmation to LCs issued by foreign banks and give a definite undertaking of the payment of LC (in addition to that of issuing bank). Axis Bank would make good payment that would be due for a complying presentation under a confirmed LC.
Features & Benefits
Risk mitigation
Reduce bank and country risk with our LC confirmation service backed by our global network.
Dual assurance
Enables payment commitments from both the issuing bank and the confirming bank.
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
How it works?
At beneficiary's request and subject to terms of the LC being acceptable, Axis Bank can add confirmation to the LC where lines are available on the issuing bank.
Fees & Charges
Charges are determined on a case-to-case basis
Disclaimer
Product offering is subject to certain eligibility criteria as per the Bank's internal policy and is subject to the Bank's discretion.
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