EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are important fiscal devices in Intercontinental trade, offering safety and assurance to parties involved in cross-border transactions. Amid the different types of L/Cs, verified, transferable, and standby L/Cs Engage in distinct and very important roles in facilitating trade.Knowing Different Types of L/C