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

Hello Viewer,
In this Series LEARN FREE EXPORT IMPORT BUSINESS learn about What Is Letter of Credit..!! How does a Letter of Credit Work..?
A Letter of Credit (LC) is a document that guarantees the buyer’s payment to the sellers. It is issued by a bank and ensures timely and full payment to the seller. If the buyer is unable to make such a payment, the bank covers the full or the remaining amount on behalf of the buyer.
Watch the video till the end to know about all the details of How does a Letter of Credit Work..?
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#LetterofCredit #letterofcreditprocedure #whatislc #letterofcreditprocedureinhindi #howtouseletterofcredit #lcprocess #GoGlobal #PareshSolanki #lc #letterofcredit

[@PareshSolankiOES]

Drop Your Contact Details in Comment Section to Speak with Our Team . Also, You Can Contact Us on [phone] or Visit www.onlineexim.com Thank You For Watching.

[@Umeshvillage]

Sir My One Question Kya hum only India mein bhi use kar sakte LC??

[@PareshSolankiOES]

@@Umeshvillage yes

[@aakashsingh606]

I used these video's to prepare my CA Final Custom Paper .. 🙏🏻
Thanku so much sir for this valuable content.

[@PareshSolankiOES]

All the best

[@1anatomyphysiology]

Good job sir

[@PareshSolankiOES]

Thank you, Keep Watching !!

[@santanudutta1049]

Thanks for sharing your excellent knowledge about export business

[@PareshSolankiOES]

Your Welcome! Keep Watching!

[@aamirsaifi1901]

Gazab" sir aapki video dekh ker aisa lagata hai hai dekhthe raho bas
Aur learn karte raho
Maine aapse bahut khuch shikha sir
Dil se thanks

[@PareshSolankiOES]

Thanks

[@mohdshahzan3609]

Thanks sir 👍

[@lukmankadu7447]

Good

[@PareshSolankiOES]

Thanks

[@1anatomyphysiology]

Excellent job sir ❤

[@PareshSolankiOES]

Thank you

[@vishalhuddar8168]

Very good video sir. If possible can you pls provide sample LC for understanding purpose?

[@rajkhan9559]

#askps,sir LC me Kya Kya dacument
Likha hai ye hame kaise pata chalega,taaki ham oh dacument de sake

[@PareshSolankiOES]

Vo LC me hi likha hota he

[@rajkhan9559]

@@PareshSolankiOES thanks sir

[@maheshmahajan8736]

#askps...
Sir fruit and vegetables ke liye Export brocker information video banaiye. .please.

[@akashaysrivastava3200]

Sir aisi konsi job Hai export import seekhne ke liye beginning se joh export import ka tarike aur sab pta chl jaaye lkin koi paid training na ho

[@milogarments8552]

Koi v company jo internationally kam karta hai woha pe koi v job karlo to bahut achha se sikh jaoge import export

[@akashaysrivastava3200]

@@milogarments8552 ab yaha pr As a fresher ko lete nhi experience hi lete hai upr se job profile alg alg hai jese documentations sales marketing banking vgera hai Internationally me yea bolna chaha rha hu ki koi aisi job profile ho jisme yea sab export import ka cover ho aur seekh bhi Jaao job me

[@milogarments8552]

@@akashaysrivastava3200 us company me agar office boy ka v job kar loge aur thora dhyan doge sare kam par to bahut behtarin se sikh jaoge sare process

[@akashaysrivastava3200]

@@milogarments8552 aap bhi kya export import me deal krte ho kya

[@iqbalchhipa6806]

Thanks for information sir LC se acha to DAP ( document again payment) hai. Kya LC BILL OF LENDING ME KAM HOTA H

[@sawinternational]

Lighting k liye saber certificate fr saudi

[@AxayRabari-zx1cw]

Paresh Bhai aa business ma telent and aavdat joye

[@PareshSolankiOES]

First of all you need convincing Power

[@myfishes1326]

SIR PLEASE MAKE A VIDEOS ABOUT LC CONDITIONS JISSE KISI KA PAYMENT NAA RUKE....

[@TheArunmann]

Which letter of credit is best for an importer from Africa. Is there any LC which makes the payment based on quality of goods received at destination?

[@PareshSolankiOES]

irrevocable and confirmed LCs

[@rajsinghnandal1380]

Dear Sir .
Good afternoon .
Please advise me LC is valid when our shipment ready for dispatch but buyer cancel this purchase order .
Thanks/Regards
Raj

[@SanjuDevi-iy7vf]

In which country

[@anayakatrade]

How I can join your program? To learn export bussiness

[@PareshSolankiOES]

Call: [phone]

[@hsbokra]

Irreconcilable LC at sight, me advanced payment le skty hai? 30-50% tk

[@PareshSolankiOES]

Ha terms and condition mein ho toh.

[@techwithdharma959]

TT PAYMENT terms and conditions par video banaiye sir

[@PareshSolankiOES]

Okay sure

[@crazyahana]

LC dono ka same bank me ho sakta h kya,
Buyer & seller ka

[@PareshSolankiOES]

Possible.

[@AxayRabari-zx1cw]

Lc ma advance payment milega

[@PareshSolankiOES]

YES

[@hikingbrothers713]

Sir food export karne ke liye apke kisi video main apne kaha tha central leval la fssai lisence Chahiye lekin uske liye requirement too 20cr plus turnover Chahiye aisa dikha raha hai to kya basic fssai se bhi ache khase order mil sakte hai ? Export kar sakte hai ? Please help

[@saurabhverma2297]

SIR
DO YOU HAVE ANY EDI FILING COURSE FOR IMPORT EXPORT

[@PareshSolankiOES]

Call: [phone]

[@SanjuDevi-iy7vf]

How to export clay brick

[@anayakatrade]

Can i export chocolate to Carribbean countries?

[@PareshSolankiOES]

Yes you can

[@nishantchoubey7685]

Sir ek baat batao agar main buyer hu aur LC pe maine goods mangwa liye aur basis on shipping docs maine payment release kar diya aur yahan aane ke baad goods damaged nikle fir kya hoga?

[@PareshSolankiOES]

Insurance

[@AAP77286]

#askps sir irrevocable lc mai shipment ke bad turant payment ata ye ka?

[@prateekvardhanvlogs]

Sir LC with FOb incoterm is safe or not

[@PareshSolankiOES]

Yes, Pls Check the List - linktr.ee/pareshsolanki

[@ArunJain-gi6hm]

यदि हम USANCE LCमैं काम करते हैं और उसमें हम 30 दिन का समय देते हैं माल पहुंचने के बाद LC क्लोज तो नहीं करवा लेगा मेरा कहने का मतलब यह है कि USANCE LC सेफ है

[@PareshSolankiOES]

All LC are safe.

[@ArunJain-gi6hm]

Thanks sir

[@nodesk2438]

My name sanaullah Shaikh your information ok

[@itsaqeel8466]

#Askps Hello Sir. Sir do you provide training out of India.

[@PareshSolankiOES]

Yes Please call or WhatsApp for more information: 9714779799

[@bipinjoseph8665]

#Askps Hello Sir. I am about to export Printed Books, for which the communication is still going on. I just wanted to know what all documents are required from the seller side in case of EXW terms. Also, the buyer is asking for Certificate of Publication from the Chamber of Commerce and Industry. Is there any such thing, If yes, then please let me know.

[@1anatomyphysiology]

Ager sir hamara gouds sahi hone ke babajood bhi buyer ne galat bta diya or payment rok diya tab kya hoga sir

[@PareshSolankiOES]

Agar goods sahi hote hue bhi buyer galat information diya aur payment rok diya hai, toh legal recourse lena ek option hai, jisme aap apne contract ke terms ke according action le sakte hain. Aap ek legal notice bhej sakte hain ya phir court mein case file kar sakte hain payment ko enforce karne ke liye.

[@arpitaghosh4458]

Sir i am from kolkata. Please provided me import export houses in kolkata for job and experience purpose