EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial financial devices in Worldwide trade, supplying security and assurance to parties linked to cross-border transactions. Among the the different sorts of L/Cs, confirmed, transferable, and standby L/Cs Perform certain and vital roles in facilitating trade.Knowing Different Types of L/CsVerified L/CsA c