Exploration of Verified, Transferable, and Standby L/Cs
IntroductionLetters of Credit score (L/Cs) are crucial economical devices in Global trade, providing stability and assurance to events associated with cross-border transactions. Among the the varied types of L/Cs, confirmed, transferable, and standby L/Cs play unique and crucial roles in facilitating trade.Being familiar with Differing kinds of L/C