EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are essential economic devices in Global trade, providing stability and assurance to functions involved in cross-border transactions. Among the different sorts of L/Cs, confirmed, transferable, and standby L/Cs Enjoy certain and vital roles in facilitating trade.Knowledge Differing kinds of L/CsVerified L/CsA co