EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are vital financial devices in international trade, offering safety and assurance to events associated with cross-border transactions. Amid the assorted sorts of L/Cs, confirmed, transferable, and standby L/Cs Enjoy precise and very important roles in facilitating trade.Understanding Different Types of L/CsVerif