EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are vital economic instruments in Global trade, providing stability and assurance to events involved with cross-border transactions. Amongst the various types of L/Cs, verified, transferable, and standby L/Cs Perform certain and vital roles in facilitating trade.Comprehension Different Types of L/CsVerifie