Special types of documentary credit Confirmed Irrevocable Documentary Credit A confirmation of an irrevocable documentary credit by a bank (the confirming bank) upon the authorization or request of the issuing bank constitutes a definite undertaking of the confirming bank, in addition to that of the issuing bank, provided that the […]
Read more![Special-types-of-documentary-credit](https://i0.wp.com/bankingallinfo.com/wp-content/uploads/2019/04/Special-types-of-documentary-credit.png?resize=360%2C270&ssl=1)