How much bank charges for confirming Letter of Credit?

Bank charges for confirming a Letter of Credit (LC) can vary widely based on factors such as the bank's fee structure, the amount of the LC, and the complexity of the transaction. Typically, fees can range from 0.5% to 2% of the LC amount, with a minimum charge that may apply. Additional fees may also be incurred for processing and administrative services. It's advisable to consult directly with the bank for precise fee details.