Overview

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.

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Features &
Benefits

Features & Benefits

  • imgReduce bank and country risk with our LC confirmation service backed by our wide global network
  • imgEnjoy payment commitments from both the issuing bank and the confirming bank

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.

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Fee &
Charges

Fee & Charges

Charges are determined on a case-to-case basis

 

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Disclaimer:

Product offering is subject to certain eligibility criteria as per the Bank's internal policy and is subject to the Bank's discretion.