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Letter of Credit Advising/Confirmation Letter of Credit Advising Flow When a Letter of Credit (LC) is issued, the LC Issuing Bank sends the LC either to its branch office or correspondent bank, which

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What is letter of credit advisingconfirmation?

A letter of credit advisingconfirmation is a document that confirms the authenticity and details of a letter of credit sent by the issuing bank to the advising bank.

Who is required to file letter of credit advisingconfirmation?

The advising bank is responsible for filing the letter of credit advisingconfirmation.

How to fill out letter of credit advisingconfirmation?

To fill out a letter of credit advisingconfirmation, the advising bank needs to include information such as the details of the letter of credit, including the issuing bank, beneficiary, terms, and conditions.

What is the purpose of letter of credit advisingconfirmation?

The purpose of a letter of credit advisingconfirmation is to provide a confirmation to the beneficiary that the letter of credit has been issued by the issuing bank and is authentic.

What information must be reported on letter of credit advisingconfirmation?

The letter of credit advisingconfirmation must include information about the issuing bank, beneficiary, letter of credit details, terms, and conditions.

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