EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are critical monetary instruments in Global trade, supplying safety and assurance to events associated with cross-border transactions. Among the the various kinds of L/Cs, confirmed, transferable, and standby L/Cs play specific and crucial roles in facilitating trade.Comprehending Differing types of L/CsCo