Global Letter of Credit Confirmation Market

Letter of Credit Confirmation Comprehensive Study by Type (Sight, Revocable or Irrevocable, Unconfirmed or Confirmed, Others), Application (SMEs, Larger Enterprise), Trade (International Trade, National Trade) Players and Region - Global Market Outlook to 2030

Letter of Credit Confirmation Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 4.9%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Letter of Credit Confirmation
Letter of credit confirmation is an additional guaranty that is given to the original letter of credit the borrower gets from the second bank. This second letter ensures that if the first bank fails to pay the seller in a transaction, the second bank will. If the seller has concerns about the trustworthiness of the first letter's issuing bank, borrowers may be forced to get a second letter of credit. This letter of credit gives security to the borrower that his amount will be paid. Parties involved in this type of transaction are generally 5. The Asia Pacific is the largest market for a letter of credit confirmation followed by North America due to a large number of exports.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
CAGR4.9%


Players in this market are large banks and institutions. High expertise is required to operate in this market. Providing services to large exporters is the key to success in this market. Trust is an important factor in this market which might be challenging to build for new entrants in this market. With the increasing global trade letter of credit, the confirmation market is growing rapidly. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Letter of Credit Confirmation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

DBS Corporate Banking (Singapore), Bank of America Corporation (United States), Citigroup, Inc (United States), JPMorgan Chase & Co (United States), Mizuho Bank, Ltd. (Japan), MUFG Bank (Japan), HDFC Bank (India), Kotak Mahindra Bank (India), Scotiabank (Canada) and Sumitomo Mitsui Banking Corporation (Japan) are some of the key players that are part of study coverage.

Segmentation Overview
AMA Research has segmented the market of Global Letter of Credit Confirmation market by Type (Sight, Revocable or Irrevocable, Unconfirmed or Confirmed and Others), Application (SMEs and Larger Enterprise) and Region.



On the basis of geography, the market of Letter of Credit Confirmation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Trade, the sub-segment i.e. International Trade will boost the Letter of Credit Confirmation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Introduction Of Additional Services with Letter of Credit Confirmation by Banks

Market Growth Drivers:
Growing Import and Export Between Nations and Need Of Enhanced Security in Case of Default by Seller

Challenges:
Covid-19 Impact Had Negative Effect on Import and Export Market and Challenging To Maintain Good Reputation in Letter of Credit Confirmation Market

Restraints:
Risk Of Default Is Always Involved in The Letter of Credit Confirmation

Opportunities:
Increasing Globalisation Will Boost the Demand of Letter of Credit Confirmation and Growing Government Incentives for Exports Will Boost the Demand of Letter of Credit Confirmation

Market Leaders and their expansionary development strategies
In February 2023, Trade Finance Global (TFG) and BAFT (the Bankers Association for Finance and Trade) are excited to announce a jointly produced guide on Letters of Credit. Everything you need to know about Letters of Credit: A comprehensive guide to Documentary Credits” was launched at the BAFT International Trade and Payments Conference.
In Dec 2020, The International Islamic Trade Finance Corporation (ITFC) introduced a new letter of credit (LC) confirmation instrument to assist small firms in exporting and mitigating the risks they face as a result of the epidemic. Small and medium-sized firms in Islamic Development Bank (IsDB) member nations can use the new product.


Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Letter of Credit Confirmation Providers, Government Regulatory and Research Organizations, End-Use Industries and Others

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Sight
  • Revocable or Irrevocable
  • Unconfirmed or Confirmed
  • Others
By Application
  • SMEs
  • Larger Enterprise
By Trade
  • International Trade
  • National Trade

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Growing Import and Export Between Nations
      • 3.2.2. Need Of Enhanced Security in Case of Default by Seller
    • 3.3. Market Challenges
      • 3.3.1. Covid-19 Impact Had Negative Effect on Import and Export Market
      • 3.3.2. Challenging To Maintain Good Reputation in Letter of Credit Confirmation Market
    • 3.4. Market Trends
      • 3.4.1. Introduction Of Additional Services with Letter of Credit Confirmation by Banks
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Letter of Credit Confirmation, by Type, Application, Trade and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Letter of Credit Confirmation (Value)
      • 5.2.1. Global Letter of Credit Confirmation by: Type (Value)
        • 5.2.1.1. Sight
        • 5.2.1.2. Revocable or Irrevocable
        • 5.2.1.3. Unconfirmed or Confirmed
        • 5.2.1.4. Others
      • 5.2.2. Global Letter of Credit Confirmation by: Application (Value)
        • 5.2.2.1. SMEs
        • 5.2.2.2. Larger Enterprise
      • 5.2.3. Global Letter of Credit Confirmation by: Trade (Value)
        • 5.2.3.1. International Trade
        • 5.2.3.2. National Trade
      • 5.2.4. Global Letter of Credit Confirmation Region
        • 5.2.4.1. South America
          • 5.2.4.1.1. Brazil
          • 5.2.4.1.2. Argentina
          • 5.2.4.1.3. Rest of South America
        • 5.2.4.2. Asia Pacific
          • 5.2.4.2.1. China
          • 5.2.4.2.2. Japan
          • 5.2.4.2.3. India
          • 5.2.4.2.4. South Korea
          • 5.2.4.2.5. Taiwan
          • 5.2.4.2.6. Australia
          • 5.2.4.2.7. Rest of Asia-Pacific
        • 5.2.4.3. Europe
          • 5.2.4.3.1. Germany
          • 5.2.4.3.2. France
          • 5.2.4.3.3. Italy
          • 5.2.4.3.4. United Kingdom
          • 5.2.4.3.5. Netherlands
          • 5.2.4.3.6. Rest of Europe
        • 5.2.4.4. MEA
          • 5.2.4.4.1. Middle East
          • 5.2.4.4.2. Africa
        • 5.2.4.5. North America
          • 5.2.4.5.1. United States
          • 5.2.4.5.2. Canada
          • 5.2.4.5.3. Mexico
  • 6. Letter of Credit Confirmation: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. DBS Corporate Banking (Singapore)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Bank of America Corporation (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Citigroup, Inc (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. JPMorgan Chase & Co (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Mizuho Bank, Ltd. (Japan)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. MUFG Bank (Japan)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. HDFC Bank (India)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Kotak Mahindra Bank (India)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Scotiabank (Canada)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Sumitomo Mitsui Banking Corporation (Japan)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Letter of Credit Confirmation Sale, by Type, Application, Trade and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Letter of Credit Confirmation (Value)
      • 7.2.1. Global Letter of Credit Confirmation by: Type (Value)
        • 7.2.1.1. Sight
        • 7.2.1.2. Revocable or Irrevocable
        • 7.2.1.3. Unconfirmed or Confirmed
        • 7.2.1.4. Others
      • 7.2.2. Global Letter of Credit Confirmation by: Application (Value)
        • 7.2.2.1. SMEs
        • 7.2.2.2. Larger Enterprise
      • 7.2.3. Global Letter of Credit Confirmation by: Trade (Value)
        • 7.2.3.1. International Trade
        • 7.2.3.2. National Trade
      • 7.2.4. Global Letter of Credit Confirmation Region
        • 7.2.4.1. South America
          • 7.2.4.1.1. Brazil
          • 7.2.4.1.2. Argentina
          • 7.2.4.1.3. Rest of South America
        • 7.2.4.2. Asia Pacific
          • 7.2.4.2.1. China
          • 7.2.4.2.2. Japan
          • 7.2.4.2.3. India
          • 7.2.4.2.4. South Korea
          • 7.2.4.2.5. Taiwan
          • 7.2.4.2.6. Australia
          • 7.2.4.2.7. Rest of Asia-Pacific
        • 7.2.4.3. Europe
          • 7.2.4.3.1. Germany
          • 7.2.4.3.2. France
          • 7.2.4.3.3. Italy
          • 7.2.4.3.4. United Kingdom
          • 7.2.4.3.5. Netherlands
          • 7.2.4.3.6. Rest of Europe
        • 7.2.4.4. MEA
          • 7.2.4.4.1. Middle East
          • 7.2.4.4.2. Africa
        • 7.2.4.5. North America
          • 7.2.4.5.1. United States
          • 7.2.4.5.2. Canada
          • 7.2.4.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Letter of Credit Confirmation: by Type(USD Million)
  • Table 2. Letter of Credit Confirmation Sight , by Region USD Million (2018-2023)
  • Table 3. Letter of Credit Confirmation Revocable or Irrevocable , by Region USD Million (2018-2023)
  • Table 4. Letter of Credit Confirmation Unconfirmed or Confirmed , by Region USD Million (2018-2023)
  • Table 5. Letter of Credit Confirmation Others , by Region USD Million (2018-2023)
  • Table 6. Letter of Credit Confirmation: by Application(USD Million)
  • Table 7. Letter of Credit Confirmation SMEs , by Region USD Million (2018-2023)
  • Table 8. Letter of Credit Confirmation Larger Enterprise , by Region USD Million (2018-2023)
  • Table 9. Letter of Credit Confirmation: by Trade(USD Million)
  • Table 10. Letter of Credit Confirmation International Trade , by Region USD Million (2018-2023)
  • Table 11. Letter of Credit Confirmation National Trade , by Region USD Million (2018-2023)
  • Table 12. South America Letter of Credit Confirmation, by Country USD Million (2018-2023)
  • Table 13. South America Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 14. South America Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 15. South America Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 16. Brazil Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 17. Brazil Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 18. Brazil Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 19. Argentina Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 20. Argentina Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 21. Argentina Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 22. Rest of South America Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 23. Rest of South America Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 24. Rest of South America Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 25. Asia Pacific Letter of Credit Confirmation, by Country USD Million (2018-2023)
  • Table 26. Asia Pacific Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 27. Asia Pacific Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 28. Asia Pacific Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 29. China Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 30. China Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 31. China Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 32. Japan Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 33. Japan Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 34. Japan Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 35. India Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 36. India Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 37. India Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 38. South Korea Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 39. South Korea Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 40. South Korea Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 41. Taiwan Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 42. Taiwan Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 43. Taiwan Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 44. Australia Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 45. Australia Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 46. Australia Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 47. Rest of Asia-Pacific Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 48. Rest of Asia-Pacific Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 49. Rest of Asia-Pacific Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 50. Europe Letter of Credit Confirmation, by Country USD Million (2018-2023)
  • Table 51. Europe Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 52. Europe Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 53. Europe Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 54. Germany Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 55. Germany Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 56. Germany Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 57. France Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 58. France Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 59. France Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 60. Italy Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 61. Italy Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 62. Italy Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 63. United Kingdom Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 64. United Kingdom Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 65. United Kingdom Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 66. Netherlands Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 67. Netherlands Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 68. Netherlands Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 69. Rest of Europe Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 70. Rest of Europe Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 71. Rest of Europe Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 72. MEA Letter of Credit Confirmation, by Country USD Million (2018-2023)
  • Table 73. MEA Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 74. MEA Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 75. MEA Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 76. Middle East Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 77. Middle East Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 78. Middle East Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 79. Africa Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 80. Africa Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 81. Africa Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 82. North America Letter of Credit Confirmation, by Country USD Million (2018-2023)
  • Table 83. North America Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 84. North America Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 85. North America Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 86. United States Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 87. United States Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 88. United States Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 89. Canada Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 90. Canada Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 91. Canada Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 92. Mexico Letter of Credit Confirmation, by Type USD Million (2018-2023)
  • Table 93. Mexico Letter of Credit Confirmation, by Application USD Million (2018-2023)
  • Table 94. Mexico Letter of Credit Confirmation, by Trade USD Million (2018-2023)
  • Table 95. Company Basic Information, Sales Area and Its Competitors
  • Table 96. Company Basic Information, Sales Area and Its Competitors
  • Table 97. Company Basic Information, Sales Area and Its Competitors
  • Table 98. Company Basic Information, Sales Area and Its Competitors
  • Table 99. Company Basic Information, Sales Area and Its Competitors
  • Table 100. Company Basic Information, Sales Area and Its Competitors
  • Table 101. Company Basic Information, Sales Area and Its Competitors
  • Table 102. Company Basic Information, Sales Area and Its Competitors
  • Table 103. Company Basic Information, Sales Area and Its Competitors
  • Table 104. Company Basic Information, Sales Area and Its Competitors
  • Table 105. Letter of Credit Confirmation: by Type(USD Million)
  • Table 106. Letter of Credit Confirmation Sight , by Region USD Million (2025-2030)
  • Table 107. Letter of Credit Confirmation Revocable or Irrevocable , by Region USD Million (2025-2030)
  • Table 108. Letter of Credit Confirmation Unconfirmed or Confirmed , by Region USD Million (2025-2030)
  • Table 109. Letter of Credit Confirmation Others , by Region USD Million (2025-2030)
  • Table 110. Letter of Credit Confirmation: by Application(USD Million)
  • Table 111. Letter of Credit Confirmation SMEs , by Region USD Million (2025-2030)
  • Table 112. Letter of Credit Confirmation Larger Enterprise , by Region USD Million (2025-2030)
  • Table 113. Letter of Credit Confirmation: by Trade(USD Million)
  • Table 114. Letter of Credit Confirmation International Trade , by Region USD Million (2025-2030)
  • Table 115. Letter of Credit Confirmation National Trade , by Region USD Million (2025-2030)
  • Table 116. South America Letter of Credit Confirmation, by Country USD Million (2025-2030)
  • Table 117. South America Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 118. South America Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 119. South America Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 120. Brazil Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 121. Brazil Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 122. Brazil Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 123. Argentina Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 124. Argentina Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 125. Argentina Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 126. Rest of South America Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 127. Rest of South America Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 128. Rest of South America Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 129. Asia Pacific Letter of Credit Confirmation, by Country USD Million (2025-2030)
  • Table 130. Asia Pacific Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 131. Asia Pacific Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 132. Asia Pacific Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 133. China Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 134. China Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 135. China Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 136. Japan Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 137. Japan Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 138. Japan Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 139. India Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 140. India Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 141. India Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 142. South Korea Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 143. South Korea Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 144. South Korea Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 145. Taiwan Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 146. Taiwan Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 147. Taiwan Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 148. Australia Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 149. Australia Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 150. Australia Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 151. Rest of Asia-Pacific Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 152. Rest of Asia-Pacific Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 153. Rest of Asia-Pacific Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 154. Europe Letter of Credit Confirmation, by Country USD Million (2025-2030)
  • Table 155. Europe Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 156. Europe Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 157. Europe Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 158. Germany Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 159. Germany Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 160. Germany Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 161. France Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 162. France Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 163. France Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 164. Italy Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 165. Italy Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 166. Italy Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 167. United Kingdom Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 168. United Kingdom Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 169. United Kingdom Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 170. Netherlands Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 171. Netherlands Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 172. Netherlands Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 173. Rest of Europe Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 174. Rest of Europe Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 175. Rest of Europe Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 176. MEA Letter of Credit Confirmation, by Country USD Million (2025-2030)
  • Table 177. MEA Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 178. MEA Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 179. MEA Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 180. Middle East Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 181. Middle East Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 182. Middle East Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 183. Africa Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 184. Africa Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 185. Africa Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 186. North America Letter of Credit Confirmation, by Country USD Million (2025-2030)
  • Table 187. North America Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 188. North America Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 189. North America Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 190. United States Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 191. United States Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 192. United States Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 193. Canada Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 194. Canada Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 195. Canada Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 196. Mexico Letter of Credit Confirmation, by Type USD Million (2025-2030)
  • Table 197. Mexico Letter of Credit Confirmation, by Application USD Million (2025-2030)
  • Table 198. Mexico Letter of Credit Confirmation, by Trade USD Million (2025-2030)
  • Table 199. Research Programs/Design for This Report
  • Table 200. Key Data Information from Secondary Sources
  • Table 201. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Letter of Credit Confirmation: by Type USD Million (2018-2023)
  • Figure 5. Global Letter of Credit Confirmation: by Application USD Million (2018-2023)
  • Figure 6. Global Letter of Credit Confirmation: by Trade USD Million (2018-2023)
  • Figure 7. South America Letter of Credit Confirmation Share (%), by Country
  • Figure 8. Asia Pacific Letter of Credit Confirmation Share (%), by Country
  • Figure 9. Europe Letter of Credit Confirmation Share (%), by Country
  • Figure 10. MEA Letter of Credit Confirmation Share (%), by Country
  • Figure 11. North America Letter of Credit Confirmation Share (%), by Country
  • Figure 12. Global Letter of Credit Confirmation share by Players 2023 (%)
  • Figure 13. Global Letter of Credit Confirmation share by Players (Top 3) 2023(%)
  • Figure 14. Global Letter of Credit Confirmation share by Players (Top 5) 2023(%)
  • Figure 15. BCG Matrix for key Companies
  • Figure 16. DBS Corporate Banking (Singapore) Revenue, Net Income and Gross profit
  • Figure 17. DBS Corporate Banking (Singapore) Revenue: by Geography 2023
  • Figure 18. Bank of America Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 19. Bank of America Corporation (United States) Revenue: by Geography 2023
  • Figure 20. Citigroup, Inc (United States) Revenue, Net Income and Gross profit
  • Figure 21. Citigroup, Inc (United States) Revenue: by Geography 2023
  • Figure 22. JPMorgan Chase & Co (United States) Revenue, Net Income and Gross profit
  • Figure 23. JPMorgan Chase & Co (United States) Revenue: by Geography 2023
  • Figure 24. Mizuho Bank, Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 25. Mizuho Bank, Ltd. (Japan) Revenue: by Geography 2023
  • Figure 26. MUFG Bank (Japan) Revenue, Net Income and Gross profit
  • Figure 27. MUFG Bank (Japan) Revenue: by Geography 2023
  • Figure 28. HDFC Bank (India) Revenue, Net Income and Gross profit
  • Figure 29. HDFC Bank (India) Revenue: by Geography 2023
  • Figure 30. Kotak Mahindra Bank (India) Revenue, Net Income and Gross profit
  • Figure 31. Kotak Mahindra Bank (India) Revenue: by Geography 2023
  • Figure 32. Scotiabank (Canada) Revenue, Net Income and Gross profit
  • Figure 33. Scotiabank (Canada) Revenue: by Geography 2023
  • Figure 34. Sumitomo Mitsui Banking Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 35. Sumitomo Mitsui Banking Corporation (Japan) Revenue: by Geography 2023
  • Figure 36. Global Letter of Credit Confirmation: by Type USD Million (2025-2030)
  • Figure 37. Global Letter of Credit Confirmation: by Application USD Million (2025-2030)
  • Figure 38. Global Letter of Credit Confirmation: by Trade USD Million (2025-2030)
  • Figure 39. South America Letter of Credit Confirmation Share (%), by Country
  • Figure 40. Asia Pacific Letter of Credit Confirmation Share (%), by Country
  • Figure 41. Europe Letter of Credit Confirmation Share (%), by Country
  • Figure 42. MEA Letter of Credit Confirmation Share (%), by Country
  • Figure 43. North America Letter of Credit Confirmation Share (%), by Country
List of companies from research coverage that are profiled in the study
  • DBS Corporate Banking (Singapore)
  • Bank of America Corporation (United States)
  • Citigroup, Inc (United States)
  • JPMorgan Chase & Co (United States)
  • Mizuho Bank, Ltd. (Japan)
  • MUFG Bank (Japan)
  • HDFC Bank (India)
  • Kotak Mahindra Bank (India)
  • Scotiabank (Canada)
  • Sumitomo Mitsui Banking Corporation (Japan)
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Apr 2024 210 Pages 60 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Letter of Credit Confirmation Market Quantitative research analysis
Global Letter of Credit Confirmation Market Qualitative Industry Analysis
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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as DBS Corporate Banking (Singapore), Bank of America Corporation (United States), Citigroup, Inc (United States), JPMorgan Chase & Co (United States), Mizuho Bank, Ltd. (Japan), MUFG Bank (Japan), HDFC Bank (India), Kotak Mahindra Bank (India), Scotiabank (Canada) and Sumitomo Mitsui Banking Corporation (Japan) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Introduction Of Additional Services with Letter of Credit Confirmation by Banks" is seen as one of major influencing trends for Letter of Credit Confirmation Market during projected period 2023-2030.
The Letter of Credit Confirmation market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.

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