Introduction Letters of Credit score (L/Cs) are necessary economic instruments in international trade, supplying security and assurance to functions involved in cross-border transactions. Amongst the various kinds of L/Cs, verified, transferable, and standby L/Cs play precise and important roles

Introduction Letters of Credit score (L/Cs) are essential money instruments in Global trade, supplying safety and assurance to functions linked to cross-border transactions. Amongst the assorted sorts of L/Cs, confirmed, transferable, and standby L/Cs play particular and important roles in facili