EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are vital economical devices in Intercontinental trade, providing security and assurance to get-togethers linked to cross-border transactions. Among the the different sorts of L/Cs, confirmed, transferable, and standby L/Cs Perform particular and essential roles in facilitating trade.Knowing Differing types of L