EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit (L/Cs) are crucial money devices in Global trade, giving protection and assurance to functions associated with cross-border transactions. Among the the varied different types of L/Cs, verified, transferable, and standby L/Cs Engage in certain and vital roles in facilitating trade.Comprehension Different Types of L/CsVe