Benefits of a confirmed documentary credit (LC)

Question:
Which benefit do I as exporter get when asking for a documentary credit (LC) to be confirmed by the advising/negotiating bank?

Answer:
A confirmed documentary credit means that the advising /negotiating bank, after confirming the LC, will pay or promise to pay against presented documents which after checking are found to be correct even if the issuing bank is not able to pay due to economic or political reasons.

As a banker I use to say to my customer. You are professional in producing and selling your products and services. Let us take care of the economic and political risks involved when using documentary credits as a way to receive payment. Every customer should have a risk policy for each buyer and country. Confirmed documentary credits may be seen as a part of such risk policy.