L/C Confirmation

Techcombank confirms that the LC is Techcombank's firm commitment

to pay or discount the appropriate presented documents.


Features and benefits of Confirmed LC


  • Undertaking of Techcombank (confirming bank), in addition to that of the issuing bank, to honour or negotiate a complying presentation.
  • LC beneficiary may or may not have an account at TCB
  • Authenticated LC advised by TCB or other banks


  • Customers are guaranteed payment, minimizing risks arising from the Issuing Bank
  • Customers can minimize risks related to the Bank and the country of the Importer
  • Customers are provided with a full service package at a reasonable fee, including: export document processing service, negotiation with/without recourse

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