Bank Guarantee (BG) vs Letter of Credit (LC) - Hindi

Тәжірибелік нұсқаулар және стиль

Both Bank Guarantees and Letters of Credit are used in trading finance. But both are different financial instruments. In this Hindi video, we understand the difference between BG and LC. Sign-up to our new app for discounts and early access: ✔ assetyogi.com/sign-up/
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Time Stamps
00:00 Introduction
01:30 Meaning of Bank Guarantee (BG)
04:02 Meaning of Letter of Credit (LOC)
05:15 Comparison Between BG and LOC
06:25 Summary
Related Videos:
Bank Guarantee - • Bank Guarantee - Expla...
Letter of Credit - • Letter of Credit(LC) क...
Types of Letter of Credit - • Types of Letter of Cre...
Bank guarantees are more popular in infrastructure and real estate projects while letters of credit are used mainly in international trade.
बैंक गारंटी और लेटर ऑफ़ क्रेडिट दोनों का उपयोग ट्रेडिंग फाइनेन्स में किया जाता है। लेकिन दोनों अलग-अलग फाइनेंशियल इंस्ट्रूमेंट्स हैं। इस वीडियो में, हम BGऔर LC के बीच अंतर को समझेंगे।
बैंक गारंटी इंफ्रास्ट्रक्चर और रियल एस्टेट प्रोजेक्ट्स में उपयोग की जाती है जबकि लेटर ऑफ़ क्रेडिट का इस्तेमाल मुख्य रूप से इंटरनेशनल ट्रेड में किया जाता है।
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• Bank Guarantee (BG) vs...
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In this video, we have explained:
What is bank guarantee?
What is a letter of credit?
What is the difference between bank guarantee and letter of credit?
How bank guarantee is different from the letter of credit?
What is the main difference in bank guarantee and letter of credit?
Is bank guarantee and letter of credit is same?
When should you use bank guarantee and when should you use a letter of credit?
What is the difference in the concepts of bank guarantee and letter of credit?
How should you differentiate between bank guarantee and letter of credit?
How the process of bank guarantee is different from the process of the letter of credit?
How bank guarantee and letter of credit used?
What are the similarities between bank guarantee and letter of credit?
How to differentiate between BG and LC?
Why bank guarantee can't be used in place of letter of credit?
Can you use letter of credit instead of bank guarantee for business?
Make sure to Like and Share this video.
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Hope you liked this video in Hindi on “Bank Guarantee vs Letter of Credit”.

Пікірлер: 379

  • @AssetYogi
    @AssetYogi10 ай бұрын

    Sign-up to our new app for discounts and early access: ✔ assetyogi.com/sign-up/

  • @Akram_Hood
    @Akram_Hood4 жыл бұрын

    Iam from Bangladesh. Your videos have really helped me. Thanks u so much and best of luck❤

  • @dineshnaik4161
    @dineshnaik41613 жыл бұрын

    Information and voice all is well done Always recommended to Assest Yogi ! Descent knowledge gets to all of us subscriber and viewers.

  • @MuhammadAli-bi9gn
    @MuhammadAli-bi9gn6 жыл бұрын

    Commercial documents and their importance should be explained through videos please. Very good lectures indeed.

  • @rplakkims9792
    @rplakkims97925 жыл бұрын

    Could you please make one video for different MT messages involved in LC and BG

  • @adhuri1
    @adhuri15 жыл бұрын

    I have been lately watching your videos and they are too good...Great work...keep it up!!

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Thank you for appreciation 😊

  • @mastforce
    @mastforce4 жыл бұрын

    Thanks for such a informative video, I am impressed the way you simplified the whole concept.

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thanks for appreciation :)

  • @meherkhan9819
    @meherkhan98195 жыл бұрын

    thanks Sir, is it possible to have some videos covering documents checking to take into consideration CDCS exam?

  • @samandeepoberoi8817
    @samandeepoberoi88174 жыл бұрын

    Hi sir, thanks for the information.can you tell me the percentage of tender we need to issue for a performance bank guarantee

  • @ankursinghchandel5180
    @ankursinghchandel5180 Жыл бұрын

    Sir, it really helps me while preparing for my. Banking promotion exam

  • @manjusapkota7214
    @manjusapkota72144 жыл бұрын

    Thank you very much sir. You are doing very well. Enjoying from Nepal 🇳🇵

  • @03kallis
    @03kallis3 жыл бұрын

    You are a legend, i am sure you have an idea how many lives you are helping with such videos.. Keep it up 👍

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    It's my pleasure

  • @smritiray3266
    @smritiray32663 жыл бұрын

    Nice video...as usual sir plz explain the role & Function of Ecgc in details☺

  • @shahferoz
    @shahferoz5 жыл бұрын

    exellent video, very precise, sir please make a video on TT payment on Import, its transaction, its agreement, its drawback.

  • @ajaymakwana6448
    @ajaymakwana64484 жыл бұрын

    Ur videos areike gems for me in this lockdown

  • @TheHardknok
    @TheHardknok4 жыл бұрын

    BG ke case mine buyer / seller ka definition ulta likha likha hai kya? Shouldn't govt. be the buyer in that case?

  • @Shvprasanna852
    @Shvprasanna8523 жыл бұрын

    Export factoring and Bill Discounting pe video banaiye

  • @samighimire8339
    @samighimire83394 жыл бұрын

    Thnku sir....u explained very well ...I always used to have confusion bt u made it so clear...love from Nepal 💕💕💕🙏🙏🇳🇵🇳🇵

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thanks

  • @bbtbekele2294
    @bbtbekele22945 жыл бұрын

    Thank you always four your kind unlimited generous help.

  • @TheAftab1857
    @TheAftab18575 жыл бұрын

    Bahot achhe se explain kiya sir Thank you

  • @kuljeetsingh9131
    @kuljeetsingh91315 жыл бұрын

    Plz describe Risk related to banking Like as:- credit risk, fraud risk etc.

  • @kamleshsingh-wo1hv
    @kamleshsingh-wo1hv3 жыл бұрын

    Sir aap bahut ache s samjhte ho Thanks

  • @poorti2188
    @poorti21884 жыл бұрын

    Sir Inward Guarante par bhi video banaye and operations jo involve hote ha

  • @vijayapandey9120
    @vijayapandey91203 жыл бұрын

    All your videos are genuinely of big help unlike other useless video. Could make video on international trade and finance IIBF exam. That would help to clear that test.

  • @vijaysingh-sq9ig
    @vijaysingh-sq9ig5 жыл бұрын

    Can you please share difference between Bank Guarantee and Inventory Funding?

  • @cmlvlogs4258
    @cmlvlogs42586 жыл бұрын

    Sir ek bill of lading ki copy buyer k pas bhi to jarti h na taki vo apna goods port se le ske.. ?

  • @avinandanaray466
    @avinandanaray4666 жыл бұрын

    Thank u for this video...please tell us about assessment of LC limit...methods and how to arrive at LC limit

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Sure, noted the topic.

  • @SunilSharma-xn4zy
    @SunilSharma-xn4zy5 жыл бұрын

    Pls explain how to work Liquidated Damages clause in procurement

  • @rauflala1066
    @rauflala10665 жыл бұрын

    Sir, agar L.C term or bill of exchange me confuse hu. Sir bill of exchange me time period hota he to bank LC kese kholega exporter k liye. Means payment kese karega.

  • @koustavbanerjee863
    @koustavbanerjee8634 жыл бұрын

    Dear Sir, Kindly share the idea about documents in various loan facility

  • @SwanandNatu
    @SwanandNatu2 жыл бұрын

    You are very good Sir... Very nice descriptive lectures in easy language. Thank you very much!

  • @AssetYogi

    @AssetYogi

    2 жыл бұрын

    You are welcome.

  • @karm35688yogi
    @karm35688yogi5 жыл бұрын

    Hi Mukul, All your videos are awesome.....great work really!!! can I suggest you to also post a video on Credit Insurance......thanks

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Thank you, 😊 I've noted the topic suggestion for future videos.

  • @darshangadwe7120
    @darshangadwe71205 жыл бұрын

    Please make a video of FOREIGN TRADE CREDITS AND THEIR TYPES IN DETAILED INFORMATION.

  • @VampPalash
    @VampPalash5 жыл бұрын

    Wow, what an explanation🙏

  • @dayakarreddy7174
    @dayakarreddy71744 жыл бұрын

    Very nice information side by side comparison -Dayakar Reddy Hong Kong

  • @Graphic.Designing
    @Graphic.Designing5 жыл бұрын

    Sir import aur export business kese krte h usse full detail m btaiye

  • @AnilKumar-pb8eo
    @AnilKumar-pb8eo5 жыл бұрын

    How they charged on bank guarantee please brief the rates and calculations

  • @counterpoint087
    @counterpoint0873 жыл бұрын

    Explained very clearly. Thank you !

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    You are welcome!

  • @archindatar8625
    @archindatar86256 жыл бұрын

    Very useful information, AssetYogi thanks for the video.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    You are welcome Archin

  • @sangeetachoudhary9318
    @sangeetachoudhary93185 жыл бұрын

    Hi sir ..your way of delivering knowledge is remarkable... kindly make a video on international trade and finance for iibf certificate exam ..my exam is on next Sunday 7th July ...plz cover important topics

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Thank you for appreciating Sangeeta, I've noted the topic suggestion for future videos.

  • @pawansain4322
    @pawansain43226 жыл бұрын

    V informative video , But explain how a buyer should trust on seller , i want to know the basis on which a buyer trust and release L/C

  • @padamkumarverma9123
    @padamkumarverma91236 жыл бұрын

    Thanks for it. Kindly upload regarding mobilisation, material and performance guarantee

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Sure, I've noted down the topic suggestions and I'll try to cover them in the near future.

  • @arunmishra8073
    @arunmishra80736 жыл бұрын

    Mukul ji.. your videos are great help for people like me.. who are working professionals and dont have time to invest in books.. thx from DUBAI

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    I am glad that my videos are helpful 😊

  • @trackduniya

    @trackduniya

    4 жыл бұрын

    How did you manage a job in Dubai please hlep

  • @MuhammadSaleem-jj4ev
    @MuhammadSaleem-jj4ev3 жыл бұрын

    Excellent description ... so nicely explained 👏👏👏

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Thanks 😊

  • @santoshnarke302
    @santoshnarke3025 жыл бұрын

    Nice and best information.thanks.

  • @deepsilence2123
    @deepsilence21235 жыл бұрын

    Niceee video . PIs define IsIamic banking as soon as possibIe . Thanks ..

  • @arjunps8641
    @arjunps86416 жыл бұрын

    Sir please make also a video on Loan Against Trust Receipt. Thanks your video is helpful.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Sure. Thanks.

  • @irfanmomin7709
    @irfanmomin77093 жыл бұрын

    Very nice and clear information provided thanks

  • @ADITYASHARMA-rl1uf
    @ADITYASHARMA-rl1uf4 жыл бұрын

    Sir banking law ke exams me "liabilities of surety" poocha jaa rha hai so what should be the answer?? Is it bank guarantee??

  • @10ran
    @10ran4 жыл бұрын

    sir, please make video on Hi-seas sale / purchase

  • @motivationalspeaker4395
    @motivationalspeaker43954 жыл бұрын

    Bill of loading kya hai, konse bank Mai lc process Hoti hai, business me konsa lc Ka types jyada use hota hai,

  • @ramniwas6090
    @ramniwas60905 жыл бұрын

    Again useful video...thanks

  • @rakeshmohan754
    @rakeshmohan7546 жыл бұрын

    Very helpful video please make some more videos related to export and import

  • @Arrow12346
    @Arrow123464 жыл бұрын

    Do we need to kept equivalent dp in Bank for the both case

  • @manzaruldey5583
    @manzaruldey558311 ай бұрын

    Hi Sir. The best video. Need to know if bank guarantee can be discounted? Thanks

  • @kirandange4853
    @kirandange48534 жыл бұрын

    I have required letter of credit accounting entries & effect.

  • @leenagajbhiye7577
    @leenagajbhiye75775 жыл бұрын

    Please provide video on garnishee order and attachment order. thanks in advance.

  • @shivamjha3639
    @shivamjha36393 жыл бұрын

    Very informative and precise. Thank you

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Thanks Shivam 😊

  • @bipinpaswan6980
    @bipinpaswan69804 жыл бұрын

    Sir, I want to know that what is the problema comes while LC processing

  • @ujjwaltibrewal7690
    @ujjwaltibrewal76905 жыл бұрын

    sir project finance pe kuch video upload kr dijye

  • @NurulIslam-qh8hu
    @NurulIslam-qh8hu5 жыл бұрын

    Sir pls make a videos about shipping document such as negotiable and non-negotiable

  • @rizwanqureshiqureshi5826
    @rizwanqureshiqureshi58264 жыл бұрын

    Sir ecgc kya hota hai us par bhi video banaaiye please

  • @kumarkavir5348
    @kumarkavir5348 Жыл бұрын

    Please make a video on the advantage and disadvantage of physical bank guarantee and e bank guarantee

  • @AmitKumar-hi4vc
    @AmitKumar-hi4vc6 жыл бұрын

    It was a nice video and very easy to understand. Kindly make one video for vendor bill discounting.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Sure. Will cover that.

  • @hasmukhpurohit6882
    @hasmukhpurohit68825 жыл бұрын

    Nice to see your excellent vedio sir Which is bank good for import export business in india ?

  • @PawanKushwaha-qo9vc

    @PawanKushwaha-qo9vc

    4 жыл бұрын

    icici bank

  • @santoshkumarsahu2436
    @santoshkumarsahu24365 жыл бұрын

    Very informative video.

  • @sanjaysonawane3203
    @sanjaysonawane32035 ай бұрын

    Merchant trade and edpms idpms ,export software lodgement ke topic pe vidos banaiye

  • @mahavirjhorar2962
    @mahavirjhorar29622 жыл бұрын

    Great sir ji All doubt clear

  • @Ayesha-pe5pp
    @Ayesha-pe5pp10 ай бұрын

    Helpful video👍👍👍

  • @tanvidave
    @tanvidave Жыл бұрын

    Thanks a million for amazing explanation

  • @gopalprajapati900
    @gopalprajapati9004 жыл бұрын

    Sir. Please make one more video about how to do remittance in logistics company or remittance cycle in logistics company

  • @brijeshnichani2360
    @brijeshnichani23606 жыл бұрын

    liberalised remittance scheme cover

  • @shashipkumar1
    @shashipkumar14 жыл бұрын

    Great initiative

  • @vasantraoshinde9991
    @vasantraoshinde99916 жыл бұрын

    When you will going to make video on pmayclss .

  • @pradeepmathivanan4095
    @pradeepmathivanan40954 жыл бұрын

    Very nicely explained. thank you.

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thanks Pradeep :)

  • @SHIVAMGUPTA-ne1uh
    @SHIVAMGUPTA-ne1uh Жыл бұрын

    Superb way to teach

  • @viveksapate3660
    @viveksapate36605 жыл бұрын

    As a banker It very very useful

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Good to hear that Vivek:)

  • @beautyofyourown8305
    @beautyofyourown83055 ай бұрын

    Well explained

  • @ramniwas6090
    @ramniwas60905 жыл бұрын

    Can you make any video related banking gk questions for promotion from clerical to officer

  • @shreesadguru2515
    @shreesadguru25156 жыл бұрын

    jordar explanation sirji .

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Thank you 😊

  • @rajluxmisaha7926
    @rajluxmisaha79264 жыл бұрын

    Sir aap bata sakte hai cost sheet kaise banana hota h. @pujarini.

  • @arjunbindra371
    @arjunbindra3714 жыл бұрын

    is stand by letter of credit also a type of bank guarantee?

  • @pcg551
    @pcg551 Жыл бұрын

    Sir tell preshipment and postshipment finance, Fund based and non fund based products of bank

  • @samanihardik
    @samanihardik Жыл бұрын

    I am a fan of your channel... 🙏 would you please make a video on Trust Receipt?

  • @serajsef
    @serajsef5 жыл бұрын

    Hi sir I want to know what happens if buyer issues LC and seller ship goods and what if buyer fails to make payment to his bank

  • @kirankamble6560
    @kirankamble65605 жыл бұрын

    Superb explained............

  • @Krrishna10
    @Krrishna104 жыл бұрын

    u r simply awesome....loads of lov

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thanks Krrish :)

  • @TariqKhan-yq3fy
    @TariqKhan-yq3fy9 ай бұрын

    Nicely explained

  • @RajeshMasurkar-g6r
    @RajeshMasurkar-g6r21 күн бұрын

    Good information

  • @Graphic.Designing
    @Graphic.Designing5 жыл бұрын

    Sir import export business kese krte h aur payment kese secure rehta isse full m btaiye

  • @anjalisah9076
    @anjalisah90765 жыл бұрын

    plz upload video on good for payment cheque.

  • @viveksapate3660
    @viveksapate36605 жыл бұрын

    Sir please explain EDPMS

  • @daxeshkumarbhatt9409
    @daxeshkumarbhatt94095 жыл бұрын

    Please sir give us knowledge about SBLC and Business Insurance Security

  • @mridularawat1000
    @mridularawat10004 ай бұрын

    Excellent

  • @abidev8884
    @abidev88844 жыл бұрын

    Baii ab hamko tho LC -- BG mill ghayi tho bank hamko jo kithna peasa lika hai poora paisa mill jayagha kya

  • @manasbhol6710
    @manasbhol67105 жыл бұрын

    I like your way of teaching

  • @srreddyreddy2194
    @srreddyreddy21944 жыл бұрын

    Very good brother usefull video

  • @roshnims5031
    @roshnims50315 жыл бұрын

    Very informative

  • @2b-a-dreamer907
    @2b-a-dreamer9075 жыл бұрын

    On balance sheet and off balance sheet transaction . Difference.....plz

  • @hamzatamne6273
    @hamzatamne62734 жыл бұрын

    Very nicely explained...Thanks

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Keep learning :)

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