Types of Letter of Credit (LC) - Hindi

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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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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?

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[KidzSocietyofficial]

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

[qmylogc]

1:13 commercial lc
4:15 standby lc
5:33 revocable lc
6:59 unconfirmed lc
8:15 transferrable lc
9:11 back to back lc
12:27 red clause lc
14:44 green clause lc
15:57 revolving lc
17:00 sight lc
17:45 deferred payment lc

[cradhika]

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

[priyankkumar]

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.

[naushad]

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

[praveengangwar]

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

[a.a.farooq]

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

[manofwords]

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!!!

[karanpanwar]

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

[rahulmalviya]

Why people's dislike a such a beautiful video

[soumyasjivan]

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...

[sunilSharma-tehx]

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

[ramakrishna]

Sir your classes are worthy...and healthy for

[mallupravasi]

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

[syedareebali]

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❤️

[FarahVision]

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

[hareshrotangan]

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

[rahuldave]

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.

[AMANSINGH-shgf]

Thank you for this wonderful session 🙏