EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are important fiscal devices in Global trade, offering safety and assurance to events involved in cross-border transactions. Among the various types of L/Cs, verified, transferable, and standby L/Cs Enjoy distinct and critical roles in facilitating trade.Comprehension Different Types of L/CsVerified L/CsA verifi