EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial financial devices in Global trade, giving protection and assurance to parties associated with cross-border transactions. Among the the assorted varieties of L/Cs, verified, transferable, and standby L/Cs Participate in specific and vital roles in facilitating trade.Knowing Differing types of L/CsConf