EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are critical economic instruments in Intercontinental trade, delivering safety and assurance to parties involved in cross-border transactions. Amid the assorted varieties of L/Cs, confirmed, transferable, and standby L/Cs Enjoy certain and important roles in facilitating trade.Comprehending Differing kinds of L/