EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are vital economic devices in Worldwide trade, providing stability and assurance to get-togethers associated with cross-border transactions. Amongst the varied forms of L/Cs, confirmed, transferable, and standby L/Cs play specific and important roles in facilitating trade.Knowledge Differing types of L/CsConfirm