EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are important economical instruments in Global trade, offering protection and assurance to get-togethers involved in cross-border transactions. Amid the different types of L/Cs, confirmed, transferable, and standby L/Cs Engage in unique and vital roles in facilitating trade.Comprehending Different Types of