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: ✔
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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
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Letter of Credit process -
https://youtu.be/0UiLLhNhBiIइस 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?
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