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
Sign-up to our new app for discounts and early access: ✔ assetyogi.com/sign-up/
@digambarkadam5499
7 ай бұрын
Www❤
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
3 жыл бұрын
Thanks for appreciation 😊
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
Why people's dislike a such a beautiful video
@peacefulasia6109
5 жыл бұрын
Only those persons dislike the video who have also made videos on the same topic.
@anujsingh4605
5 жыл бұрын
Kuch hote hai pagal type k person vhi dislike krte hai
@sunnychoudhary1057
5 жыл бұрын
Jo ya to kbhi study nhi krte ya dusro ka mjak bnate h vhi ye kaam krte h.
@anushrik677
5 жыл бұрын
Do baar like
@swapnilravindrapatil
4 жыл бұрын
Because many points are wrong And will create confusion for a person understanding this first time
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!!!
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.
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?
An excellent lecture has been delivered in this video which described all the types of Letter of Credit. Thank you very much.
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
I love this channel ❤️.Limited words...core concept cleared.✅👍👍
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.
Sir, your explanation is extra ordinary... No bakwaas straight concept....
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
this type a good channel not find dear. good presentation keep it up.
@AssetYogi
6 жыл бұрын
Thank you 😊
Very helpful video sir explained method is fantastic I salute you sir Thank you so much
@AssetYogi
6 жыл бұрын
Glad to know, thank you so much for the appreciation 😊
Hello sir, you explain each and everything very clearly. Request you to kindly share a video on 39 articles of UCP 600?
It’s been ever helpful for my exams. Keep making . Thank you sir.
Very much helpful video.. plzz make a detail video on UCP 600...
u r great explainer,
Sir, You have explained the concept very well. Thank you so much...
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.
crystal clear concepts, thank you very much
@AssetYogi
4 жыл бұрын
I hope this will be useful Ali :)
Sir, Maharashtra state electrical industries , tander submit kase karte he. Vendor registration kase karte he , video banaye please
@PsN259
Жыл бұрын
माने youtub वर Tender Guru search करा
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
Sir your classes are worthy...and healthy for learning.....it's unparalleled......
Sir , how to calculate foreign exchange fluctuation profit or loss on LC payment.
@AssetYogi
6 жыл бұрын
Will try to cover it.
hi sir, 1 Request ple make a video TT ( Telegraphy Transfer )
@AssetYogi
6 жыл бұрын
Request noted Sunil!
@mamachemicals8455
5 жыл бұрын
NICE QUESTION, YOU MAY SEE A NICE VIDEO ON THIS TOPIC, CLICK kzread.info/dash/bejne/p62isMeGg5uZgbg.html
@pranavpandya5860
5 жыл бұрын
Sir can you give me your WhatsApp no. To discuss something.....
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
3 жыл бұрын
You are most welcome
please explain the complete export import in one video.You are doing a great job. hats off
Thank you. This really helped!
@AssetYogi
3 жыл бұрын
Glad to hear that 😊
Thank you sir ,ur video really helps me alot
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
Жыл бұрын
Noted.
Great sir apne live example se bahut simple way mai bahut acha examples se bataya thnks
Can we get back 2 back revolving LC against revolving LC,
@aliasgarkanchwala4422
3 жыл бұрын
Do you any example of such transcations?
Crystal clear concepts, thank you :)
@AssetYogi
5 жыл бұрын
Glad to know that it helped you.
letter of credit ki classes helped me a lot in clearing jaiib ppb thank you sir
Very nice. Good to provide more practical / real life examples. Will make the concepts more realistic.
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??
Sir , please please koi book suggest kijeye na import export ke liye....mai college mai hu to read karna aasan hoga.
@dibyaranjansahoo7767
10 ай бұрын
Take training classes
@dimpledhamecha6275
9 ай бұрын
Book-International trade finance by iibf
Excellent explanation brother Shibh Dhanyawad 😊
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
Please make a video about "Charges incurred on preparing LC".
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
U made it all simple n recap is so good u find continuity simple is smart
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
3 жыл бұрын
Thanks for appreciation 😊
Sir plz explain about... Negotiable LC With/without recourse LC
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
6 жыл бұрын
Thanks! Will do.
Sir ji aap ko Samjhane Ka Tarika bahut achha hai thanks 🙏🙏🙏
Ur video is very helpful sir,I understood very quickly
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... :)
Clear the concepts.. very beautifully
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?
Your vedio have very clear audio, one of best heard. Can you throw some light on audio setup you use and any post processing
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❤️
Very good video. Explained Letter of Credit and it's type in very simple manner. Thank you very much.
Please make a separate video on REVOLVING LC and its practical implications
Dear Yogi, You have beautifully explained concepts. Its appreciative.
@AssetYogi
3 жыл бұрын
Thanks for appreciation :)
Contents in all of your videos have been good all along. One suggestion for this video: Do include concept of usance period.
very easy and clear concept.. thank you so much from NEPAL.
@AssetYogi
Жыл бұрын
You are most welcome
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.
Hello Sir, please advise in detail on Documentary Letter Credit.
Summarizing the content before winding up may help viewers better. I Love your videos and frequently watch them.
@AssetYogi
4 жыл бұрын
Thanks Hitesh, keep learning :)
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?
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
2 жыл бұрын
Thanks Amit.
@sujeetsrivastava1623
Жыл бұрын
@@AssetYogi a
Very well explained. I have recently started handling LC.
Great video sir. Just for curiosity sake, did you learn all these concepts in course like MBA or something?
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
4 жыл бұрын
Thankyou Sunita
Ur video is very useful for bankers specially for jaiib and caiib exams
Very informative video in lucid language so that even common man can understand
@AssetYogi
Жыл бұрын
Glad you think so!
Very detailed and informative videos. Keep it up!. Thankyou so much.
@AssetYogi
3 жыл бұрын
Keep learning
100% concept clearance..tysm for this video.... can you please upload a video on Uniform Customs and practice of documentary Credit(600)
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..
pdf sir attached kr di hoti bhot time save and effective hota hmare liye... vese video and explaination superb hei
@AssetYogi
2 жыл бұрын
Thanks Vipul.
Very appropriate for all video's. Plz make video's on how to read Lc And clauses
Thank you sir for above video, can you please make a video on bank release order/ delivery order process.
Thank you sir . Helped a lot GOD bless you
Thanx ur videos is very helpful for ma jaiib exams doing gud job vry appreciable
@AssetYogi
6 жыл бұрын
That's great, all the best.
Thank you bhai this helps me alot , may Allah bless you n keep rocking
sir , I like the video and I want to know more about domestic LC of immediate payment , kindly advise
U r my god !! Without your videos i could not do business
One of the best explained video on types of letter of credit..
@AssetYogi
5 жыл бұрын
Thank you Sonal
Good! How about explaining the cost of opening and accepting letter of credit. Also, means of preventing circumvention for first beneficiaries.
Great job. Thank you so much. Its been a great help for my upcoming exam.
@AssetYogi
6 жыл бұрын
Good to hear that Arpan! All the best!
@Bharath558
6 жыл бұрын
Which Exam bro ??
Ap bahut Acha samjhate hai. ...sir
Very good information. you work wel. you have enough knowledge. Thank you very much.
Excellent Video. Need more detailed video on each Type of LC.That will be much appreciated
@AssetYogi
2 жыл бұрын
Sure we will try
You make a tough topic very easy sir... Thanku....very nice video
@AssetYogi
4 жыл бұрын
Glad to hear that Kavita :)
Thank you for the awesome explanation. If you can please add Clean LC and evergreen LC with this video.
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?
Very nice dear, your videos solving problem of the people like me who are unaware about all these ....💖👍
Thanks for the wonderful knowledge based videos, can you do some more videos on liquidity management and virtual account management at corporate banking
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
Sir thank you so much.your videos are very helpful.
Nice explanation with all important points covered up💖
Very very informative and well explained... Thanks
Bhot achcha explain kiya
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 "
I have been watching your videos from quite some time. Very good content and nicely explained. Keep doing the gud work.
@AssetYogi
4 жыл бұрын
Keep learning Kunal
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
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