EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are necessary fiscal devices in international trade, furnishing security and assurance to functions linked to cross-border transactions. Amongst the varied kinds of L/Cs, confirmed, transferable, and standby L/Cs Engage in unique and crucial roles in facilitating trade.Comprehension Differing types of L/Cs