EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are vital monetary instruments in Intercontinental trade, offering stability and assurance to parties involved in cross-border transactions. Amid the different types of L/Cs, confirmed, transferable, and standby L/Cs Perform precise and very important roles in facilitating trade.Knowing Differing types o