EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are vital economic devices in Global trade, offering stability and assurance to parties associated with cross-border transactions. Amid the assorted varieties of L/Cs, confirmed, transferable, and standby L/Cs play particular and crucial roles in facilitating trade.Knowing Differing types of L/CsVerified L