EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are critical money devices in Global trade, delivering protection and assurance to get-togethers involved with cross-border transactions. Amid the varied types of L/Cs, confirmed, transferable, and standby L/Cs Enjoy certain and essential roles in facilitating trade.Comprehending Differing kinds of L/CsVer