EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial economical instruments in international trade, delivering stability and assurance to parties involved in cross-border transactions. Among the various forms of L/Cs, confirmed, transferable, and standby L/Cs Enjoy specific and vital roles in facilitating trade.Comprehension Different Types of L/CsVeri