EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are essential financial devices in Worldwide trade, giving protection and assurance to parties linked to cross-border transactions. Amid the various different types of L/Cs, confirmed, transferable, and standby L/Cs play precise and critical roles in facilitating trade.Knowing Differing kinds of L/CsConfir