1. Valid Trade License
2. Valid IRC
3. Valid Membership Certificate
5. Indent/Proforma Invoice
6. Insurance Cover Note
7. L/C Application
8. L/C Authorization From
A confirmed L/C is one which has been confirmed by the advising bank. The bank issuing L/C send the same through its branch or correspondent bank in the beneficiary's country with a request to add its confirmation to the credit. If the advising bank adds confirmation to the credit it becomes a confirmed L/C.
Revolving L/C :
To suti the special requirements of importers who require regular and continuous payments to their suppliers, country with a request to add its confirmation to the credit it becomes a confirmed L/C.
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