EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit rating (L/Cs) are important fiscal instruments in Worldwide trade, providing stability and assurance to get-togethers involved with cross-border transactions. Amid the various types of L/Cs, confirmed, transferable, and standby L/Cs Participate in particular and important roles in facilitating trade.Comprehension Diffe