EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are necessary economical devices in Worldwide trade, delivering security and assurance to get-togethers associated with cross-border transactions. Among the different types of L/Cs, confirmed, transferable, and standby L/Cs Engage in specific and essential roles in facilitating trade.Knowing Differing kinds of L