Скачать с ютуб What Is Letter of Credit?? | How does a Letter of Credit Work | Types of letters of credit Explained в хорошем качестве

What Is Letter of Credit?? | How does a Letter of Credit Work | Types of letters of credit Explained

What Is Letter of Credit?? | How does a Letter of Credit Work | Types of letters of credit Explained Welcome to Paresh Solanki-International Export Import Trainer! In this informative video, we'll unclose the mysteries of Letters of Credit (LC) and provide you with a comprehensive understanding of how they work, as well as the various types of LCs that exist. 🔍 What Is a Letter of Credit (LC)? 📜 A Letter of Credit is a crucial financial instrument used in international trade and business transactions. It acts as a guarantee from a bank or financial institution to ensure that a seller will receive payment for goods or services, provided they meet the specified terms and conditions outlined in the LC. 💼 How Does a Letter of Credit Work? 💰 We'll delve deep into the mechanics of LCs. Learn how LCs provide security for both buyers and sellers by serving as a mediator that verifies compliance with the agreed-upon terms before funds are released. Understand the step-by-step process of LC transactions, from issuance to payment. 📊 Types of Letter of Credit Explained 🌐 There's no one-size-fits-all when it comes to LCs. Discover the various types, including Revocable vs. Irrevocable, Confirmed vs. Unconfirmed, Sight vs. Usance, and more. We'll explain when and why you might use each type, offering practical insights for your business needs. 🤝 Advantages and Disadvantages 📈📉 Explore the pros and cons of utilizing Letters of Credit in your business transactions. Understanding these can help you make informed decisions and mitigate risks. 🌏 International Trade and LCs 🛳️✈️ Learn how LCs facilitate global trade by providing security and trust between parties in different countries. We'll discuss their role in import and export transactions and how LCs help bridge the gap between international buyers and sellers. Whether you're a seasoned international trader or just starting out in the world of business, this video will equip you with the knowledge you need to navigate the intricate world of Letters of Credit confidently. Don't forget to like, subscribe, and hit that notification bell to stay updated with our latest content on finance, trade, and business. If you have any questions or topics you'd like us to cover in future videos, please leave a comment below. Thanks for watching, and we'll see you in the next video! Upcoming Offline Training- Mumbai Training Date- 15th, 16th, 17th September 2023 Ahmedabad Training Date- 6th ,7th and 8th October 2023 OnlineExim.com By Paresh Solanki International Export-Import Business Training Center For More Information Call : +91 97147 79191 Email : [email protected] Visit : www.onlineexim.com For Latest Export Import Update Join Telegram Channel : https://t.me/pareshsolankioes Join Exclusive Free Seminar : https://forms.gle/LHKUZvAUjpG36cdA6 Download Online Exim Export Import App Android App : http://shorturl.at/oqN45 iOS App : https://apple.co/3p6WML7 Playlist : Product Knowledge : https://bit.ly/3p2jBQg Country Profile : https://bit.ly/3nR8iZQ How to Start Export Import Business : https://bit.ly/3r9WxRl Gulfood Dubai 2020 : https://bit.ly/2LHHpdw Live Streaming Q & A Session : https://bit.ly/34ul9ua Stay Connected with us : Facebook :   / pareshsolankioes   YouTube :    / pareshsolankioes   LinkedIn :   / pareshsolankioes   Instagram :   / pareshsolankioes   Twitter :   / pareshsolanki_   Telegram : https://t.me/pareshsolankioes #Pareshsolanki #Exporter #Importer #GoGlobal #Export #Import #Business #onlineexim #Training #EximTraining #Onlineclasses #ExportImportTraining #Entrepreneur #ExportBusiness #EximBusiness #Custom #Logistic #Banking #Exporter #Importer #EximTrainer #Marketing #shipping #ExportImport #GlobalTrade #InternationalTrade #ImportExport #TradeBusiness #ExIm #Exporting #Importing #CrossBorderTrade #BusinessGlobalization #GlobalEconomy #ShippingLogistics #FreightForwarding #ExportMarketing #ImportSupplyChain #GlobalLogistics #TradeFinance #InternationalBusiness #ExportConsulting #ImportExportBusiness #B2BTrade #CrossCulturalTrade #TradeCompliance #ImportExport #ImportExportBuiness #businesideas