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.
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
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!!!
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...
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❤️
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?
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
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.
I have done my import export certification course from msme training course . But i m getting clearity in your vedio 😂 thanks for clarifying the content .
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..
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
Sir i m great follower of u..u r god to me sir..hats off...u owe my respect sir...sir please make me a great banker..i am a probationary officer in karur vysya bank...6 months did job here...now leaving got govt bank now as assistant manager...kindly let me learn new things and make me master on credit sir...as u r my master of credit sir...i am btech electrical ...i dont have any idea on finance related topics..kindly educate me on finance & business on banking terms also
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.
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
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.
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..
Ur vedios are awesome sir....but very much underrated views....plz dnt stop go on uploading vedios sir...how many are watching very much Helpfull in Der life
Sir bohot zabardast info thei but 3 cheez pa or detail chahya sight l.c deffer l.c or advance payment in ki docomentation pa video chahya k l.c kis tarhan open ho us k docoments buyer kesay banata hai
Thanks for the wonderful knowledge based videos, can you do some more videos on liquidity management and virtual account management at corporate banking
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
Amazing explanation.. I have doubt if buyer wants lc he will approach the bank and he will bear the cost and he will get lc but for this do seller need to pay any amount for bank??
Sign-up to our new app for discounts and early access:
✔ assetyogi.com/sign-up/
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.
Thanks for appreciation 😊
@@AssetYogi can you please suggest any books for deep knowledge about such topics?
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
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!!!
Sir, your explanation is extra ordinary... No bakwaas straight concept....
Why people's dislike a such a beautiful video
Only those persons dislike the video who have also made videos on the same topic.
Kuch hote hai pagal type k person vhi dislike krte hai
Jo ya to kbhi study nhi krte ya dusro ka mjak bnate h vhi ye kaam krte h.
Do baar like
Because many points are wrong
And will create confusion for a person understanding this first time
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...
Thanks for appreciation 😊
I love this channel ❤️.Limited words...core concept cleared.✅👍👍
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 much helpful video.. plzz make a detail video on UCP 600...
Sir, You have explained the concept very well. Thank you so 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?
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
this type a good channel not find dear. good presentation keep it up.
Thank you 😊
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
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.
An excellent lecture has been delivered in this video which described all the types of Letter of Credit. Thank you very much.
Very helpful video sir explained method is fantastic I salute you sir
Thank you so much
Glad to know, thank you so much for the appreciation 😊
Great sir apne live example se bahut simple way mai bahut acha examples se bataya thnks
crystal clear concepts, thank you very much
I hope this will be useful Ali :)
Sir your classes are worthy...and healthy for learning.....it's unparalleled......
Thank you. This really helped!
Glad to hear that 😊
U r my god !! Without your videos i could not do business
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.
I have done my import export certification course from msme training course . But i m getting clearity in your vedio 😂 thanks for clarifying the content .
Glad to hear that :)
u r great explainer,
Very well explained. I have recently started handling LC.
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??
Ur video is very useful for bankers specially for jaiib and caiib exams
Sir , please please koi book suggest kijeye na import export ke liye....mai college mai hu to read karna aasan hoga.
Take training classes
Book-International trade finance by iibf
International trade finance by taxman
Summarizing the content before winding up may help viewers better. I Love your videos and frequently watch them.
Thanks Hitesh, keep learning :)
Sir, Maharashtra state electrical industries , tander submit kase karte he. Vendor registration kase karte he , video banaye please
माने youtub वर Tender Guru search करा
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..
You are most welcome
Crystal clear concepts, thank you :)
Glad to know that it helped you.
Preparing for JAIIB, an examination for increment in the Bank. Clearing every doubt from your video. Thank you is not enough for you.
Bank se LC ka payment kaise current account ya EEFC accouny me credit kiya jata hei
Bill of Exchange LC payment ke case me kaise teuar karate heo
hi sir, 1 Request ple make a video TT ( Telegraphy Transfer )
Request noted Sunil!
NICE QUESTION, YOU MAY SEE A NICE VIDEO ON THIS TOPIC, CLICK
ruclips.net/video/uynNeMS83QU/видео.html
Sir can you give me your WhatsApp no. To discuss something.....
Very nice video..
First time user..
Huge Thanks to you sir
I m apiaring in JAIIB ...
Glad to know that my videos are helpful to you 😊
@@AssetYogi today compalete JAIIB exam held by IIBF
Thank you sir...
Sir , how to calculate foreign exchange fluctuation profit or loss on LC payment.
Will try to cover it.
Thank you very much from Toronto Canada
Thank you sir ,ur video really helps me alot
Dear Yogi,
You have beautifully explained concepts. Its appreciative.
Thanks for appreciation :)
Please make a video about "Charges incurred on preparing LC".
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 "
Can we get back 2 back revolving LC against revolving LC,
Do you any example of such transcations?
Very informative video in lucid language so that even common man can understand
Glad you think so!
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
Sir i m great follower of u..u r god to me sir..hats off...u owe my respect sir...sir please make me a great banker..i am a probationary officer in karur vysya bank...6 months did job here...now leaving got govt bank now as assistant manager...kindly let me learn new things and make me master on credit sir...as u r my master of credit sir...i am btech electrical ...i dont have any idea on finance related topics..kindly educate me on finance & business on banking terms also
Good to hear that our videos are helping you Amrit. Keep watching. Many more to come.
Sir ji aap ko Samjhane Ka Tarika bahut achha hai thanks 🙏🙏🙏
Your vedio have very clear audio, one of best heard. Can you throw some light on audio setup you use and any post processing
You make a tough topic very easy sir... Thanku....very nice video
Glad to hear that Kavita :)
please explain the complete export import in one video.You are doing a great job. hats off
Excellent explanation brother
Shibh Dhanyawad 😊
very easy and clear concept.. thank you so much from NEPAL.
You are most welcome
One of the best explained video on types of letter of credit..
Thank you Sonal
Every bit of it is very useful. sir you made the topic very easy. Hats off to you🙏
Keep supporting :)
Cleared all the doubts very sir..
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.
Noted.
Bohot badiya video.....cleared every doubts...
It’s been ever helpful for my exams. Keep making . Thank you sir.
Very good video. Explained Letter of Credit and it's type in very simple manner. Thank you very much.
Very appropriate for all video's. Plz make video's on how to read Lc
And clauses
Can we talk one to one...... I like your teaching style bcoz now days am Learning import-export ....
Good information. No need to refer books for this topic...
Best lc description ,thanks sir
Very well explanation 😊😊😊
Thanks, Keep supporting :)
Sir plz explain about...
Negotiable LC
With/without recourse LC
Zbrdast sir .. ap bht acha smjha rhe h . Thank u
Dhanywaad :)
Really superb explanation n presentation too
Superb explanation sir... Recourse and without recourse credit b explain kr diziye...
Excellent explanation 👍🏻 info need about local purchase LC ...
one of the most valuable pieces of information thanks a lot
Glad it was helpful!
Excellent Video. Need more detailed video on each Type of LC.That will be much appreciated
Sure we will try
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
Ap bahut Acha samjhate hai. ...sir
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.
thanks for the video,what is the need of negotiating bank,please advise.
Very nice dear, your videos solving problem of the people like me who are unaware about all these ....💖👍
Very well explained ....fantastic video....loved that... but a small suggestion .... I believe you need to control the pace... please go slowly
Hello sir, you explain each and everything very clearly.
Request you to kindly share a video on 39 articles of UCP 600?
Aap bahut accha sikhate hai
Thanks for appreciation :)
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..
Very detailed and informative videos. Keep it up!. Thankyou so much.
Keep learning
Ur vedios are awesome sir....but very much underrated views....plz dnt stop go on uploading vedios sir...how many are watching very much Helpfull in Der life
Most simplified explanations👍
Thanks for liking
Very well explained totally fantastic
Thank you sir for giving information about letter of credit in very simple way🙏🙏🙏🙏🙏
Keep learning Avinash
Sir bohot zabardast info thei but 3 cheez pa or detail chahya sight l.c deffer l.c or advance payment in ki docomentation pa video chahya k l.c kis tarhan open ho us k docoments buyer kesay banata hai
Thanks for the wonderful knowledge based videos, can you do some more videos on liquidity management and virtual account management at corporate banking
thank u sir teach in very simple language of very difficult topic
Always welcome
Thank you sir. Bahot aache se cover kiya aapne
Thanks :)
Thank's,You have explained very well about letter of credit.
You are welcome
Thanks a lot sir. Your videos are very clear not to forgotten.
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...
Thankyou Sunita
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
Very clear and effective explanation
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
Thanks Amit.
@@AssetYogi a
Clear the concepts.. very beautifully
Amazing explanation.. I have doubt if buyer wants lc he will approach the bank and he will bear the cost and he will get lc but for this do seller need to pay any amount for bank??
U made it all simple n recap is so good u find continuity simple is smart
Very nice lecture. Pls give more lectures on ucp articles and urr also.