EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit rating (L/Cs) are crucial monetary instruments in Global trade, furnishing stability and assurance to parties associated with cross-border transactions. Amid the various kinds of L/Cs, verified, transferable, and standby L/Cs play distinct and important roles in facilitating trade.Knowledge Different Types of L/CsConfi