EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are critical financial instruments in Worldwide trade, providing security and assurance to events involved in cross-border transactions. Among the the varied types of L/Cs, verified, transferable, and standby L/Cs Participate in precise and important roles in facilitating trade.Comprehending Differing types of L