EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are necessary money devices in Intercontinental trade, offering security and assurance to get-togethers involved with cross-border transactions. Amid the varied kinds of L/Cs, confirmed, transferable, and standby L/Cs Enjoy certain and important roles in facilitating trade.Knowing Differing types of L/CsVe