EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit score (L/Cs) are necessary fiscal instruments in Worldwide trade, delivering protection and assurance to parties associated with cross-border transactions. Amid the assorted types of L/Cs, verified, transferable, and standby L/Cs Participate in distinct and crucial roles in facilitating trade.Comprehending Differing ty