EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are essential monetary devices in Intercontinental trade, offering stability and assurance to events linked to cross-border transactions. Among the the various varieties of L/Cs, confirmed, transferable, and standby L/Cs Participate in specific and important roles in facilitating trade.Comprehending Differing ty