EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are important economic instruments in Worldwide trade, delivering stability and assurance to get-togethers associated with cross-border transactions. Amid the various types of L/Cs, confirmed, transferable, and standby L/Cs play unique and essential roles in facilitating trade.Comprehension Differing types