EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are necessary money devices in international trade, giving safety and assurance to get-togethers associated with cross-border transactions. Amid the assorted different types of L/Cs, confirmed, transferable, and standby L/Cs Participate in precise and critical roles in facilitating trade.Comprehending Differing