6 If your supplier asks for a confirmed irrevocable credit make sure that your issuing bank stipulates

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6 If your supplier asks for a confirmed irrevocable credit make sure that your issuing bank stipulates that confirmation charges are for account of the beneficiary (your supplier) – they can be high!

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Finance Of International Trade

ISBN: 9780750659086

1st Edition

Authors: Eric Bishop

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Question Posted: Oct 18, 2024 09:00 AM

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6 If your supplier asks for a confirmed irrevocable credit make sure that your issuing bank stipulates

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Finance Of International Trade

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