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HomeConfirmation of documentary letters of credit covers your bank against the risk of non-reimbursement by the foreign bank, in respect of payments for supplies of goods or services or the execution of works by Italian firms.
Cover can be issued in real time through online CreDoc.
LC Confirmation
Your bank can also use the following insurance tool:
- Framework agreements: to insure confirmations of documentary LCs and supplier credits of up to five years, in respect of pre-approved countries and within pre-agreed plafond
