Best Trade Solution

Posted: **Tue Sep 22, 2015 3:24 pm**

Hi,
Recently one reputed German chemical manufacturer(beneficiary) ask us(the applicant) "Add Confirmation" in the L/C. When we refuse to do that they ask for "clause 49 should be changed to MAY ADD". My question is there any such thing "May Add-confirmation" does legally exist according to UCP -600 or any ICC regulations.

Posted: **Wed Sep 23, 2015 6:17 pm**

In practice it is possible. In such majority situations beneficiary pays all charges related to confirmation.
Basically issuing bank gives Nom.Bank option to confirm the LC if bene asks them to do so. Swift program also identifies such input: May add.

Posted: **Mon Sep 28, 2015 10:26 pm**

your answer is convincing. thanks for it.

Best Trade Solution

Is There Anything Like "May Add Confirm"

Is There Anything Like "May Add Confirm"

YES it is possible.

thank u guy