EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are critical fiscal devices in Global trade, furnishing security and assurance to functions involved with cross-border transactions. Among the various types of L/Cs, confirmed, transferable, and standby L/Cs Engage in certain and crucial roles in facilitating trade.Knowing Different Types of L/CsConfirme