EXPLORATION OF VERIFIED, TRANSFERABLE, AND STANDBY L/CS

IntroductionLetters of Credit rating (L/Cs) are critical financial instruments in Intercontinental trade, supplying security and assurance to parties linked to 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.Knowing Different Ty