EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are critical monetary instruments in Intercontinental trade, furnishing security and assurance to events involved in cross-border transactions. Amongst the varied sorts of L/Cs, confirmed, transferable, and standby L/Cs play specific and crucial roles in facilitating trade.Being familiar with Differing kin