Types of Letter of Credit (LC) - Hindi

Тәжірибелік нұсқаулар және стиль

Types of Letter of Credit explained in hindi. Irrevocable LC, Standby, Back to Back Letter of Credit, Transferable LC, Revolving, Confirmed LC, Red Clause & Green Clause Letter of Credit, Sight LC, Usance LC, Deferred Payment Letter of Credit, Commercial of Import Export LC are all types of 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
01:01 Types of Letter of Credit Recap
03:27 Meaning of Commercial Letter of Credit
04:14 Meaning of StandBy Letter of Credit
05:30 Meaning of Revocable Letter of Credit
06:10 Meaning of Irrevocable Letter of Credit
07:00 Unconfirmed Letter of Credit Meaning
07:12 Confirmed Letter of Credit Meaning
08:14 Meaning of Transferrable Letter of Credit
09:11 Back-to-Back Letter of Credit
12:27 Red Clause Letter of Credit Meaning
14:23 Green Clause Letter of Credit Means
15:55 Revolving Letter of Credit Meaning
17:00 Sight Letter of Credit Meaning
17:43 Meaning of Deferred Payment LC
Related Video:
Letter of Credit process - kzread.info/dash/bejne/Yomdrq6hfsuomaw.html
इस वीडियो में लेटर ऑफ़ क्रेडिट के विभिन्न प्रकारों के बारे में समझाया गया है। इररेवोकाबले LC, स्टैंडबाई, बैक टू बैक लेटर ऑफ़ क्रेडिट, ट्रांस्फ़ेरेबल LC, रिवॉल्विंग, कनफर्म्ड LC, रेड क्लॉज़ & ग्रीन क्लॉज़ लेटर ऑफ़ क्रेडिट, Sight LC, Usance LC, डैफर्ड पेमेंट लेटर ऑफ़ क्रेडिट, कमर्शियल ऑफ़ इम्पोर्ट एक्सपोर्ट LC आदि सभी लेटर ऑफ़ क्रेडिट के कई प्रकार होते हैं।
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In this video, we have explained:
What is the letter of credit type?
How many types of letters of credit are there?
What is an Irrevocable letter of credit?
What is the standby letter of credit type?
What are transferable LC and how they are used?
What are back-to-back letters of credit and how do they work?
What is revolving LC and confirmed type of letter of credit?
What is red clause letter of credit and how it works?
What is green clause letter of credit and when it is used?
How green clause LC is different from red clause LC?
How sight and usance type of letter of credit are used?
What is a deferred payment letter of credit and how it works?
What are the uses of different types of letter of credit?
What are the difference between all the different types of letter of credit?
Make sure to Like and Share this video.
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Hope you liked this video in Hindi on “Types of Letter of Credit”.

Пікірлер: 989

  • @AssetYogi
    @AssetYogi10 ай бұрын

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

  • @digambarkadam5499

    @digambarkadam5499

    7 ай бұрын

    Www❤

  • @priyankkumar6652
    @priyankkumar66523 жыл бұрын

    I have been trying to understand these things for the past 4 years but the way made me understand is wonderful. Please suggest some books for deep knowledge.

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Thanks for appreciation 😊

  • @KidzSocietyofficial
    @KidzSocietyofficial5 жыл бұрын

    Hey Sir, I’m from Pakistan. I wish k ap mere teacher hote. Ap ka teaching method kamal hai... 👌🏼 ap types of finance pr b video bnae kindly God bless you

  • @rahulmalviya100
    @rahulmalviya1005 жыл бұрын

    Why people's dislike a such a beautiful video

  • @peacefulasia6109

    @peacefulasia6109

    5 жыл бұрын

    Only those persons dislike the video who have also made videos on the same topic.

  • @anujsingh4605

    @anujsingh4605

    5 жыл бұрын

    Kuch hote hai pagal type k person vhi dislike krte hai

  • @sunnychoudhary1057

    @sunnychoudhary1057

    5 жыл бұрын

    Jo ya to kbhi study nhi krte ya dusro ka mjak bnate h vhi ye kaam krte h.

  • @anushrik677

    @anushrik677

    5 жыл бұрын

    Do baar like

  • @swapnilravindrapatil

    @swapnilravindrapatil

    4 жыл бұрын

    Because many points are wrong And will create confusion for a person understanding this first time

  • @manofwords1796
    @manofwords17966 жыл бұрын

    Simple and short video but covers all concepts thank you... my question here is can you please explain the process and types of documents exchanged between buyer and seller after LOI is issued? LC comes in last stage but before LC what actually happens ... if you can cover that would be greatly appreciated!!!

  • @outdoorsabhinav3180
    @outdoorsabhinav31805 жыл бұрын

    Hi Mukul, It's a very informative video and helps a lot. A big thank you to you. I would request you to make a video on transferable letter of credit to understand how payments are made to 2nd Ben, how the whole process works(with example) in details, also what banks are involved n roles of them. Please add some case studies n examples for better understanding. Thank you very much.

  • @MrRkank
    @MrRkank5 жыл бұрын

    Respected Sir, your way of explanation is very useful to learn precisely, I do appreciate it. One request plz do explained standby LC and Green Clause LC (who were take guarantee in this LC issuing bank or advicing bank) also explain in this two above mentioned types of LC Confirming bank play role or not?

  • @a.a.farooq5840
    @a.a.farooq58403 жыл бұрын

    An excellent lecture has been delivered in this video which described all the types of Letter of Credit. Thank you very much.

  • @karanpanwar8487
    @karanpanwar84876 жыл бұрын

    great sir. sare concept clear ho gye mere.. aapka BG wala video bhi kaafi acha tha.. you explained in vry simple language which is important for understand

  • @praveengangwar6234
    @praveengangwar62344 жыл бұрын

    I love this channel ❤️.Limited words...core concept cleared.✅👍👍

  • @rahuldave4692
    @rahuldave46925 жыл бұрын

    Sir, could please make a video on each section/clause of Documentary Credit (e.g 46A, 47B), UCP 600 rules and International standard banking practice.

  • @naushad747
    @naushad7473 жыл бұрын

    Sir, your explanation is extra ordinary... No bakwaas straight concept....

  • @SandeepKumar-zf4st
    @SandeepKumar-zf4st6 жыл бұрын

    Hi.. that's just amazing to see your videos ..I am learning it despite being of non commercial background.. Just one request..kindly make a comprehensive video regarding packing credit

  • @mallupravasi6168
    @mallupravasi61686 жыл бұрын

    this type a good channel not find dear. good presentation keep it up.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Thank you 😊

  • @sunilSharma-te4hx
    @sunilSharma-te4hx6 жыл бұрын

    Very helpful video sir explained method is fantastic I salute you sir Thank you so much

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Glad to know, thank you so much for the appreciation 😊

  • @vibhaarora8337
    @vibhaarora83374 жыл бұрын

    Hello sir, you explain each and everything very clearly. Request you to kindly share a video on 39 articles of UCP 600?

  • @vivekkarosiya384
    @vivekkarosiya3846 жыл бұрын

    It’s been ever helpful for my exams. Keep making . Thank you sir.

  • @FarahVision
    @FarahVision5 жыл бұрын

    Very much helpful video.. plzz make a detail video on UCP 600...

  • @abhairai8403
    @abhairai84035 жыл бұрын

    u r great explainer,

  • @cradhika1288
    @cradhika12885 ай бұрын

    Sir, You have explained the concept very well. Thank you so much...

  • @Rajendrasingh-dx2nn
    @Rajendrasingh-dx2nn4 жыл бұрын

    Very nice video and very useful for all exporters and importers. Dear Sir, you are requested to make a separate video on Deferred payment LC including the details of irrevocable & confirmed LC.

  • @merchant500
    @merchant5004 жыл бұрын

    crystal clear concepts, thank you very much

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    I hope this will be useful Ali :)

  • @manedinesh5860
    @manedinesh58604 жыл бұрын

    Sir, Maharashtra state electrical industries , tander submit kase karte he. Vendor registration kase karte he , video banaye please

  • @PsN259

    @PsN259

    Жыл бұрын

    माने youtub वर Tender Guru search करा

  • @peacetalk-hindi
    @peacetalk-hindi5 жыл бұрын

    finally after so long my doubt got cleared thanx again sir for this beautiful video session also some credit letter are there for discussion plz add it too negotiation credit acceptance credit payment credit transit credit restricted credit letter

  • @ramakrishna2581
    @ramakrishna25815 жыл бұрын

    Sir your classes are worthy...and healthy for learning.....it's unparalleled......

  • @mruttamagarwal
    @mruttamagarwal6 жыл бұрын

    Sir , how to calculate foreign exchange fluctuation profit or loss on LC payment.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Will try to cover it.

  • @sunilmagre385
    @sunilmagre3856 жыл бұрын

    hi sir, 1 Request ple make a video TT ( Telegraphy Transfer )

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Request noted Sunil!

  • @mamachemicals8455

    @mamachemicals8455

    5 жыл бұрын

    NICE QUESTION, YOU MAY SEE A NICE VIDEO ON THIS TOPIC, CLICK kzread.info/dash/bejne/p62isMeGg5uZgbg.html

  • @pranavpandya5860

    @pranavpandya5860

    5 жыл бұрын

    Sir can you give me your WhatsApp no. To discuss something.....

  • @swatikhandelwal3011
    @swatikhandelwal30113 жыл бұрын

    Amazing..Thank you so much for explaining this topic so wonderfully. I didnt know about LC earlier but after watching your both videos on this i have understood this so accurately..

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    You are most welcome

  • @sahilvohra4468
    @sahilvohra44685 жыл бұрын

    please explain the complete export import in one video.You are doing a great job. hats off

  • @biohzrd8164
    @biohzrd81643 жыл бұрын

    Thank you. This really helped!

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Glad to hear that 😊

  • @poonamsaran1461
    @poonamsaran14615 жыл бұрын

    Thank you sir ,ur video really helps me alot

  • @visualjouneywithmanoj
    @visualjouneywithmanoj Жыл бұрын

    Nice explanation with all important points covered up. I especially thank you for the English subtitles with Hindi explanation. These subtitles really helped me for more clarity.

  • @AssetYogi

    @AssetYogi

    Жыл бұрын

    Noted.

  • @viveksaini9809
    @viveksaini98096 жыл бұрын

    Great sir apne live example se bahut simple way mai bahut acha examples se bataya thnks

  • @islamifinanceurdu1435
    @islamifinanceurdu14355 жыл бұрын

    Can we get back 2 back revolving LC against revolving LC,

  • @aliasgarkanchwala4422

    @aliasgarkanchwala4422

    3 жыл бұрын

    Do you any example of such transcations?

  • @sanketsanghi1464
    @sanketsanghi14645 жыл бұрын

    Crystal clear concepts, thank you :)

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Glad to know that it helped you.

  • @dharmendradarpan6563
    @dharmendradarpan65635 жыл бұрын

    letter of credit ki classes helped me a lot in clearing jaiib ppb thank you sir

  • @balasubramanyar4405
    @balasubramanyar44054 жыл бұрын

    Very nice. Good to provide more practical / real life examples. Will make the concepts more realistic.

  • @viveksapate3660
    @viveksapate36605 жыл бұрын

    Nice video In some BOE payments after 90 days means Issuing bank make payment after 90 days Or Negotiating bank make payment to seller after 90 days??

  • @vaghamashibhavik9248
    @vaghamashibhavik92485 жыл бұрын

    Sir , please please koi book suggest kijeye na import export ke liye....mai college mai hu to read karna aasan hoga.

  • @dibyaranjansahoo7767

    @dibyaranjansahoo7767

    10 ай бұрын

    Take training classes

  • @dimpledhamecha6275

    @dimpledhamecha6275

    9 ай бұрын

    Book-International trade finance by iibf

  • @vikramshetty5590
    @vikramshetty55908 ай бұрын

    Excellent explanation brother Shibh Dhanyawad 😊

  • @sunnychoudhary1057
    @sunnychoudhary10575 жыл бұрын

    Thank u sir .mera LC se related Sara matter clear ho gya h.or ye mere ko JAIIB me help bhi krega.thank u sir . So much

  • @rahulsah6410
    @rahulsah64103 жыл бұрын

    Please make a video about "Charges incurred on preparing LC".

  • @swapnilravindrapatil
    @swapnilravindrapatil4 жыл бұрын

    Hi You have misquoted the way LC function at 2.42 you have said that “bene will submit docs to negotiating bank and will get payment” this is not correct at all Negotiating bank will send the docs to issuing bank or confirming bank as per instructions in LC Also you have missed on Reimbursement bank in this diagram

  • @apekshabhatt1616
    @apekshabhatt16165 жыл бұрын

    U made it all simple n recap is so good u find continuity simple is smart

  • @soumyasjivan8519
    @soumyasjivan85193 жыл бұрын

    Thank u Sir for ur great explaination, recently I got transferred to export trade department. For complete information every day I'm watching ur channel...

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Thanks for appreciation 😊

  • @ayushigupta2609
    @ayushigupta26094 жыл бұрын

    Sir plz explain about... Negotiable LC With/without recourse LC

  • @milankanzariya9128
    @milankanzariya91286 жыл бұрын

    Thanks sir, this video is very important for me, es video se mere Kafi sare concept clear hui , again thank you very much sir, ap ase video banate rahe jise indian export & importer ko help ho sake

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Thanks! Will do.

  • @tanvim8093
    @tanvim80935 жыл бұрын

    Sir ji aap ko Samjhane Ka Tarika bahut achha hai thanks 🙏🙏🙏

  • @swatikhobragade129
    @swatikhobragade1295 жыл бұрын

    Ur video is very helpful sir,I understood very quickly

  • @anantchhabra8407
    @anantchhabra84075 жыл бұрын

    Sir please give the names of real banks as an example. Like: Issuing bank- ICICI, DELHI Advising bank: ICICI CHINA Negotiating bank: HSBC CHINA It would be more easy to understand the concept with real names examples. By the way your videos are very well explained... :)

  • @sebastianlouis6630
    @sebastianlouis66305 жыл бұрын

    Clear the concepts.. very beautifully

  • @Pooja-qc3wg
    @Pooja-qc3wg5 жыл бұрын

    Thank you so much sir for detail explanation. I want to know for LC do buyer or seller need to have Import Export License or both the parties can get LC without IEC?

  • @ashutoshanadkarni4588
    @ashutoshanadkarni45884 жыл бұрын

    Your vedio have very clear audio, one of best heard. Can you throw some light on audio setup you use and any post processing

  • @syedareebali9786
    @syedareebali9786 Жыл бұрын

    Sir bohat acha samjhaya apny maine ic topic k lecture leay ha 2 3 mujhy onki samjh ni lagi apny bohat acha samjhaya ha concept cleae ho gaye. From pakistan❤️

  • @hareshrotangan1123
    @hareshrotangan11235 жыл бұрын

    Very good video. Explained Letter of Credit and it's type in very simple manner. Thank you very much.

  • @harinder00096
    @harinder000965 жыл бұрын

    Please make a separate video on REVOLVING LC and its practical implications

  • @premsb713
    @premsb7133 жыл бұрын

    Dear Yogi, You have beautifully explained concepts. Its appreciative.

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Thanks for appreciation :)

  • @darshitshah5144
    @darshitshah51444 жыл бұрын

    Contents in all of your videos have been good all along. One suggestion for this video: Do include concept of usance period.

  • @bibhushabajagain862
    @bibhushabajagain862 Жыл бұрын

    very easy and clear concept.. thank you so much from NEPAL.

  • @AssetYogi

    @AssetYogi

    Жыл бұрын

    You are most welcome

  • @krishalbudhathoki915
    @krishalbudhathoki9155 жыл бұрын

    Thanks for the video. I have worked at a service industry for several years but I have no practical idea about how A manufacturer keep accounting. I would be grateful if you could explain about an overview on Accounting of a Manufacturing company. Thank you.

  • @chiragshah4801
    @chiragshah48015 жыл бұрын

    Hello Sir, please advise in detail on Documentary Letter Credit.

  • @hiteshrawal3052
    @hiteshrawal30524 жыл бұрын

    Summarizing the content before winding up may help viewers better. I Love your videos and frequently watch them.

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thanks Hitesh, keep learning :)

  • @anshulgupta3735
    @anshulgupta37354 жыл бұрын

    Thank you for wonderful video. I would like to know what will be documents required for domestic trade in India. Is bill of lading is same as invoice and e way- bill?

  • @amitca87
    @amitca872 жыл бұрын

    Hello Mukul jee, I truly appreciate your efforts for updating us with lectures on various financial terms. I will be really glad in case if you can make video on stand by letter of credit (SBLC)in detail. Thanks in Advance

  • @AssetYogi

    @AssetYogi

    2 жыл бұрын

    Thanks Amit.

  • @sujeetsrivastava1623

    @sujeetsrivastava1623

    Жыл бұрын

    @@AssetYogi a

  • @lalitsoni1992
    @lalitsoni19922 жыл бұрын

    Very well explained. I have recently started handling LC.

  • @visakeswaran3620
    @visakeswaran36203 жыл бұрын

    Great video sir. Just for curiosity sake, did you learn all these concepts in course like MBA or something?

  • @sunitapanda8275
    @sunitapanda82754 жыл бұрын

    Thanks a lot to you sir.... It is really helpful for me.... I really love this channel... The way you are explaining is toooo good...

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Thankyou Sunita

  • @sandeeprocks91
    @sandeeprocks914 жыл бұрын

    Ur video is very useful for bankers specially for jaiib and caiib exams

  • @kartikjeramani1861
    @kartikjeramani1861 Жыл бұрын

    Very informative video in lucid language so that even common man can understand

  • @AssetYogi

    @AssetYogi

    Жыл бұрын

    Glad you think so!

  • @devyanijhamnani1482
    @devyanijhamnani14823 жыл бұрын

    Very detailed and informative videos. Keep it up!. Thankyou so much.

  • @AssetYogi

    @AssetYogi

    3 жыл бұрын

    Keep learning

  • @PrinceMishra-lq3dp
    @PrinceMishra-lq3dp4 жыл бұрын

    100% concept clearance..tysm for this video.... can you please upload a video on Uniform Customs and practice of documentary Credit(600)

  • @AjeetPandey1311
    @AjeetPandey13114 жыл бұрын

    Thank you for detail Explanation One thing i want to known Deferred Payament LC One of my client has Issue LC Irrevocable 30 Day So my Question is did it fall in Deferred Payment Lc what abt the payment if somegoods is found faulty ? Your Answer with help me Lot Thanks in Advance..

  • @vipul7282
    @vipul72822 жыл бұрын

    pdf sir attached kr di hoti bhot time save and effective hota hmare liye... vese video and explaination superb hei

  • @AssetYogi

    @AssetYogi

    2 жыл бұрын

    Thanks Vipul.

  • @ujwalajadhav9072
    @ujwalajadhav90724 жыл бұрын

    Very appropriate for all video's. Plz make video's on how to read Lc And clauses

  • @sachinchoudhary92
    @sachinchoudhary925 жыл бұрын

    Thank you sir for above video, can you please make a video on bank release order/ delivery order process.

  • @humarind8195
    @humarind81952 ай бұрын

    Thank you sir . Helped a lot GOD bless you

  • @pujakumari-gs2xu
    @pujakumari-gs2xu6 жыл бұрын

    Thanx ur videos is very helpful for ma jaiib exams doing gud job vry appreciable

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    That's great, all the best.

  • @sohelattar2589
    @sohelattar25895 жыл бұрын

    Thank you bhai this helps me alot , may Allah bless you n keep rocking

  • @schooluniformmanufacturer7874
    @schooluniformmanufacturer78744 жыл бұрын

    sir , I like the video and I want to know more about domestic LC of immediate payment , kindly advise

  • @englishiseasy22
    @englishiseasy224 жыл бұрын

    U r my god !! Without your videos i could not do business

  • @pushkarsonal5798
    @pushkarsonal57985 жыл бұрын

    One of the best explained video on types of letter of credit..

  • @AssetYogi

    @AssetYogi

    5 жыл бұрын

    Thank you Sonal

  • @inamburney
    @inamburney3 жыл бұрын

    Good! How about explaining the cost of opening and accepting letter of credit. Also, means of preventing circumvention for first beneficiaries.

  • @incognizable
    @incognizable6 жыл бұрын

    Great job. Thank you so much. Its been a great help for my upcoming exam.

  • @AssetYogi

    @AssetYogi

    6 жыл бұрын

    Good to hear that Arpan! All the best!

  • @Bharath558

    @Bharath558

    6 жыл бұрын

    Which Exam bro ??

  • @surkhiramji7265
    @surkhiramji72656 жыл бұрын

    Ap bahut Acha samjhate hai. ...sir

  • @surajbhardwaj428
    @surajbhardwaj4286 жыл бұрын

    Very good information. you work wel. you have enough knowledge. Thank you very much.

  • @stevenpinto4982
    @stevenpinto49822 жыл бұрын

    Excellent Video. Need more detailed video on each Type of LC.That will be much appreciated

  • @AssetYogi

    @AssetYogi

    2 жыл бұрын

    Sure we will try

  • @KavitaSingh-qy2ix
    @KavitaSingh-qy2ix4 жыл бұрын

    You make a tough topic very easy sir... Thanku....very nice video

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Glad to hear that Kavita :)

  • @kkjnaim5880
    @kkjnaim588026 күн бұрын

    Thank you for the awesome explanation. If you can please add Clean LC and evergreen LC with this video.

  • @muhammadhassaan5296
    @muhammadhassaan52965 жыл бұрын

    please explain what is UCP 600 and how it works ?could you please explain briefly mandotary clause of letter of credit which is entered by bank without asking customer?

  • @namraiqbal6728
    @namraiqbal67284 жыл бұрын

    Very nice dear, your videos solving problem of the people like me who are unaware about all these ....💖👍

  • @PraveenTallakokula
    @PraveenTallakokula6 ай бұрын

    Thanks for the wonderful knowledge based videos, can you do some more videos on liquidity management and virtual account management at corporate banking

  • @nd608
    @nd6086 жыл бұрын

    Hi mukul bhai, thanks for the video, very helpful for new people, Zara bataye k deferred payment lc mai agar Jhot bol ker goods mai defect nikalta hai toa phir seller kaisey resolve kary ga issue ko. Reply pls

  • @divyasharma8325
    @divyasharma83255 жыл бұрын

    Sir thank you so much.your videos are very helpful.

  • @dhirendramandawat
    @dhirendramandawat8 ай бұрын

    Nice explanation with all important points covered up💖

  • @zohebss2009
    @zohebss20096 жыл бұрын

    Very very informative and well explained... Thanks

  • @huecolor3520
    @huecolor35208 ай бұрын

    Bhot achcha explain kiya

  • @svivek33
    @svivek339 ай бұрын

    Hi, very helpful video and good teaching skill but my suggestion is "should share a chart of all type of LC in summarized way at last "

  • @kunalagarwal003
    @kunalagarwal0034 жыл бұрын

    I have been watching your videos from quite some time. Very good content and nicely explained. Keep doing the gud work.

  • @AssetYogi

    @AssetYogi

    4 жыл бұрын

    Keep learning Kunal

  • @nayanhodar
    @nayanhodar5 жыл бұрын

    very helpfull and explained video, please upload videos which help for export from india with indian rules and schemes which are running now days for fish exports

  • @ashishkumarsingh007
    @ashishkumarsingh0074 жыл бұрын

    Sir agar mujhe 20% payment shipment pe aur remaining 80% satisfactory installation and working of 9 months ke baad karna ho to kaun sa lc hoga but mere fund ki validity 2 months ki hai , to kya ye payment ruk jaegi