EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are necessary financial devices in Global trade, offering stability and assurance to events linked to cross-border transactions. Between the varied kinds of L/Cs, confirmed, transferable, and standby L/Cs Participate in distinct and very important roles in facilitating trade.Knowing Differing types of L/Cs