EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial economical devices in international trade, offering safety and assurance to parties involved in cross-border transactions. Among the varied different types of L/Cs, verified, transferable, and standby L/Cs Engage in certain and vital roles in facilitating trade.Knowing Different Types of L/CsVerified