EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are vital money devices in Intercontinental trade, offering safety and assurance to parties involved in cross-border transactions. Among the various types of L/Cs, verified, transferable, and standby L/Cs Enjoy distinct and critical roles in facilitating trade.Knowledge Differing types of L/CsConfirmed L/C