IS THERE ANY ‘RECONFIRMING’ BANK

Question

28. Is there any ‘reconfirming’ bank?A. No, there isn’tB. Yes, there is one in case banks are reluctant to confirm letters of credit, especially those from obscure banks.C. Never is thereD. It depends.

Answer

28. Is there any ‘reconfirming’ bank?A. No, there isn’tB. Yes, there is one in case banks are reluctant to confirm letters of credit, especially those from obscure banks.C. Never is thereD. It depends.

IS THERE ANY ‘RECONFIRMING’ BANK

28. Is there any ‘reconfirming’ bank?

A. No, there isn’t

B. Yes, there is one in case banks are reluctant to confirm letters of credit,

especially those from obscure banks.

C. Never is there

D. It depends.

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