Documentary Credit payable at foreign bank's counters

Question:
We are exporters being in the process of discussing a commercial contract with a buyer. We have agreed upon a Documentary Credit as payment form, but the buyer prefers having it payable at his own bank’s counters. Can our housebank still add it’s confirmation, and what would such a confirmation imply?

Answer:
Your housebank can assume the political and commercial risk of the issuing bank and the issuing bank’s country, but not the documentary risk, you can therefore not obtain a full confirmation from your housebank. Try to persuade the buyer to have it negotiable at your housebank’s counters!