EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are critical financial instruments in Intercontinental trade, providing protection and assurance to parties linked to cross-border transactions. Amid the assorted types of L/Cs, confirmed, transferable, and standby L/Cs Engage in precise and important roles in facilitating trade.Comprehension Different T