EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are vital fiscal devices in Intercontinental trade, providing protection and assurance to get-togethers linked to cross-border transactions. Amid the assorted sorts of L/Cs, confirmed, transferable, and standby L/Cs Participate in particular and very important roles in facilitating trade.Knowing Different