EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit history (L/Cs) are vital economic devices in Intercontinental trade, delivering stability and assurance to get-togethers involved in cross-border transactions. Amid the different different types of L/Cs, confirmed, transferable, and standby L/Cs Perform certain and important roles in facilitating trade.Being familiar w