You can get even more security by having ABN AMRO confirm the L/C. Confirmation means that ABN AMRO takes over the payment obligation from the importer’s bank, i.e. the issuing bank. If you comply with all the terms of the L/C, you will then be protected against the credit and country risk attached to the importer’s bank.
This is on the condition that ABN AMRO is willing to take on this risk. We charge a fee for confirmation. Ask our advisers about the options.