EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial economic instruments in international trade, furnishing stability and assurance to get-togethers associated with cross-border transactions. Between the varied varieties of L/Cs, verified, transferable, and standby L/Cs Engage in particular and important roles in facilitating trade.Comprehending Diffe