What can you do if you are worried about the financial standing or the country risk of the L/C issuing bank?
If you are doubtful about the financial standing or the country risk of the L/C issuing bank, you may request your buyers to insert the term “Add Confirmation” in the L/Cs advised by us. In so doing, we may add our confirmation on it and share the same responsibilities and obligations as the L/C issuing bank.
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