EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are vital money instruments in Global trade, delivering stability and assurance to get-togethers involved in cross-border transactions. Amongst the assorted forms of L/Cs, verified, transferable, and standby L/Cs play particular and vital roles in facilitating trade.Being familiar with Differing types of L/CsCon