EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are essential money devices in Worldwide trade, offering security and assurance to get-togethers linked to cross-border transactions. Amid the various types of L/Cs, verified, transferable, and standby L/Cs play specific and critical roles in facilitating trade.Knowledge Differing types of L/CsVerified L/CsA con