Confirmed Sight Letter of Credit



Confirmed Sight Letter of Credit :




With a confirmed sight letter of credit, the payment of funds also flows from the applicant (buyer) to the beneficiary (seller). However, the payment made by the negotiating/confirming bank is made without recourse to the beneficiary.


APPLICANT – ISSUING BANK – NEGOTIATING BANK / CONFIRMING BANK - BENEFICIARY






















































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Confirmed Sight Letter of Credit
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