EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are important economical instruments in Global trade, giving protection and assurance to get-togethers involved in cross-border transactions. Amongst the varied different types of L/Cs, confirmed, transferable, and standby L/Cs Perform specific and crucial roles in facilitating trade.Knowing Different Types of L