NotiPass_80%K-Trade Connect will be closed on December 11, 2019 at 10:00 p.m. and resuming services on December 12, 2019 at 02:00 a.m. $More Details.%/en/announcement/Pages/SystemMaintenanceK-Trade-Connect.aspx
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L/C Confirmation
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Accurate documents to secure your payments.
Consult with expert.
Professionally check and re-check documents by professional and experienced staff and CDCS.
Provide L/C issuing bank’s credit status. Free of charge.
Whether additional confirmation about the L/C is required or not.
Service Details
Procedure for L/C confirmation |
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- Exporters or the beneficiaries of the L/C submit an application for L/C confirmation along with the original L/C and amendments to the L/C (if any) to the bank
- The bank will examine the application form and conditions of the L/C, check the relationship between the issuing bank and Kasikorn Thai Bank, and determine the credit rating of the issuing bank and the bank's country
- A letter of L/C confirmation will be issued to the beneficiary after the bank approves the confirmation
- We will collect all L/C confirmation charges and other expenses and deliver L/C confirmation and the original L/C to the customer
- The bank will inform the issuing bank of the L/C confirmation
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Conditions |
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- The L/C must be accompanied by statements allowing the bank to proceed with L/C confirmation
- The bank will confirm on the full amount of the L/C, not a partial amount
- The bank’s confirmation will be terminated if the beneficiary fails to comply with all the terms and conditions specified in the L/C, or the documents are found to be in discrepancy, or documents are not submitted to us, who are acting as the confirming bank
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Fees |
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The service fee is charged for a period of 30 days; any fraction of 30 days counts as a full 30-day period. The fee varies depending on the bank's assessments of bank risks and country risks. Please contact the International Trade Service Center. |