EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are critical financial devices in Global trade, giving protection and assurance to parties involved with cross-border transactions. Amid the various different types of L/Cs, confirmed, transferable, and standby L/Cs play unique and critical roles in facilitating trade.Knowing Differing kinds of L/CsVerif