IntroductionLetters of Credit history (L/Cs) are crucial fiscal instruments in international trade, offering security and assurance to parties linked to cross-border transactions. Among the the various varieties of L/Cs, confirmed, transferable, and standby L/Cs Participate in specific and very important roles in facilitating trade.Being familiar w

IntroductionLetters of Credit history (L/Cs) are vital fiscal devices in Intercontinental trade, supplying security and assurance to events linked to cross-border transactions. Between the varied kinds of L/Cs, verified, transferable, and standby L/Cs Engage in specific and vital roles in facilitating trade.Being familiar with Different Types of L/