EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit rating (L/Cs) are necessary economic devices in Global trade, supplying safety and assurance to functions involved in cross-border transactions. Amid the assorted types of L/Cs, verified, transferable, and standby L/Cs play precise and crucial roles in facilitating trade.Comprehending Different Types of L/CsConfirmed L