EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are important economical devices in Global trade, supplying security and assurance to events linked to cross-border transactions. Among the different types of L/Cs, confirmed, transferable, and standby L/Cs play specific and very important roles in facilitating trade.Knowing Differing kinds of L/CsVerified