EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are essential monetary devices in Intercontinental trade, providing safety and assurance to get-togethers involved with cross-border transactions. Between the various different types of L/Cs, confirmed, transferable, and standby L/Cs Engage in specific and vital roles in facilitating trade.Being familiar w