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SourceLaw Dictionary Browse Letter C

Confirming Bank

Legal definition for Indian law research

Definition

Confirming bank, when an issuing bank authorises requests another bank to confirm its irrevocable credit and the latter has added its confirmation, such confirmation constitutes a definite undertaking of such bank ('the confirming bank'), Halsbury's Laws of England, Vol. 3(1), para 262, p. 218.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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