EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial money devices in Intercontinental trade, supplying safety and assurance to functions involved with cross-border transactions. Amid the assorted varieties of L/Cs, confirmed, transferable, and standby L/Cs Engage in precise and important roles in facilitating trade.Being familiar with Differing types