IntroductionLetters of Credit history (L/Cs) are necessary fiscal devices in international trade, furnishing stability and assurance to get-togethers linked to cross-border transactions. Among the assorted types of L/Cs, confirmed, transferable, and standby L/Cs play particular and very important roles in facilitating trade.Understanding Differing

IntroductionLetters of Credit (L/Cs) are essential fiscal instruments in international trade, offering stability and assurance to parties associated with cross-border transactions. Among the the varied kinds of L/Cs, verified, transferable, and standby L/Cs play certain and vital roles in facilitating trade.Knowing Different Types of L/CsVerified L