EXPLORATION OF CONFIRMED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are vital economical devices in Global trade, giving security and assurance to functions involved in cross-border transactions. Amid the various kinds of L/Cs, confirmed, transferable, and standby L/Cs Engage in particular and very important roles in facilitating trade.Knowing Differing kinds of L/CsVerified L/C