EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are important economic instruments in international trade, supplying security and assurance to get-togethers linked to cross-border transactions. Amid the assorted varieties of L/Cs, verified, transferable, and standby L/Cs Enjoy distinct and vital roles in facilitating trade.Knowing Different Types of L