EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are necessary economical devices in Worldwide trade, furnishing protection and assurance to parties linked to cross-border transactions. Amid the various different types of L/Cs, confirmed, transferable, and standby L/Cs play precise and vital roles in facilitating trade.Comprehending Differing types of L/CsConf