EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are critical monetary instruments in Intercontinental trade, supplying security and assurance to parties linked to cross-border transactions. Among the the varied sorts of L/Cs, confirmed, transferable, and standby L/Cs Engage in certain and vital roles in facilitating trade.Knowing Different Types of L/