How a Sight Letter of Credit works (Letter of Credit)

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  • Опубліковано 16 січ 2025

КОМЕНТАРІ • 174

  • @TradelinksResources
    @TradelinksResources  7 років тому +19

    If you like our video, please give us a thumbs up. Also we appreciate your comments or feedback. More videos will be coming soon , please click subscribe to this channel if you like to receive any updates regarding any new videos

    • @anniekimchi7469
      @anniekimchi7469 2 роки тому

      Hi wheee can I find the clip of LC usance , can u share me the link

  • @이탈-y7b
    @이탈-y7b 7 місяців тому +3

    no video explains better than this videoooo, you explain the entire semester in 5 minutesss

  • @theguest2172
    @theguest2172 3 роки тому +4

    you deserve 7 stars.
    nice lesson and pretty explanation.
    thank you very much.

  • @이탈-y7b
    @이탈-y7b 7 місяців тому +1

    wow your video helps me alotttttttt. now my GPA is 4.0 thanks to youuuu❤

  • @a1da1
    @a1da1 Рік тому

    I like the videos especially how you make sure we understand you clearly and your words.

  • @rashiffrashiff1590
    @rashiffrashiff1590 3 роки тому +3

    I can't resist watching your channel. Great effort. Really appreciate your knowledge 👏👏👏

  • @fashinakamorubode7669
    @fashinakamorubode7669 2 роки тому

    I am exceedingly glad to view and listen with rapt attention and understanding of your presentation on the method of payments for import and export trade.

  • @haroldndundu4000
    @haroldndundu4000 5 місяців тому

    Great lecturer, commenting from zambia.

  • @gcinizyan
    @gcinizyan 3 роки тому +1

    explained PERFECTLY, thanks a lot for this

  • @christiansoglo7051
    @christiansoglo7051 5 місяців тому

    Thanks a lot for this very informative video. I like that you explained everything in detail!

  • @RaufKhan-s7v
    @RaufKhan-s7v 15 днів тому

    Very well teaching🥰

  • @rosmidahsaidi3580
    @rosmidahsaidi3580 7 місяців тому

    Great lecture n precise explanation

  • @wavyavy
    @wavyavy 6 років тому +4

    2:44 - 'Predetermined Deadline' (Sight Bill) or in the determinable future (Term Bill).

  • @venkatyadav5929
    @venkatyadav5929 4 роки тому +1

    Very good information sharing this.. simple and quick learning.. thank you very much

  • @dongminjin5074
    @dongminjin5074 4 роки тому

    A wonderful training video. Much easier than a traditional training book.

  • @lindasaragihlinsar2115
    @lindasaragihlinsar2115 Рік тому

    Your explanations are very clear and easy to understand ❤

  • @pujamall1757
    @pujamall1757 Рік тому

    Great efforts love from India❤

  • @swapanmaity3717
    @swapanmaity3717 4 роки тому

    Your presentation regarding LC procedure is very simple and above all easy to understand. Request you to prepare more videos on types of LC.

  • @birchikomengis5679
    @birchikomengis5679 9 місяців тому

    Clear and understandable presentation.

  • @nifinnayakam674
    @nifinnayakam674 7 років тому +7

    Good to Hear and easily understood..
    Thank You

  • @shanellemooka8267
    @shanellemooka8267 3 роки тому

    Best explaination ever

  • @lokkaashdhoni8665
    @lokkaashdhoni8665 7 місяців тому

    Super presentation ❤❤❤

  • @khalilultimate
    @khalilultimate 4 роки тому

    Presentation is very good. Thnx from Bangladesh

  • @ahubtrading9801
    @ahubtrading9801 4 роки тому

    I like how your videos are presented_short and straight to the point. easy to follow and understand for us who are just being to learn about international trade

  • @abhilashlakkidi
    @abhilashlakkidi 2 роки тому

    So simple and vivid explanation.
    Big Salute 👍

  • @christianmutatsh6018
    @christianmutatsh6018 3 роки тому

    Good explanation

  • @dilankaruwanthi8532
    @dilankaruwanthi8532 4 роки тому

    Thank you so much. It is easy to understand and this channel is very useful for us to improve knowledge on international trade. I'm following international trade diploma.This channel give me lot of support. Please do new videos more. Once again thanks lot...

  • @gurjantsingh-vi2de
    @gurjantsingh-vi2de 4 роки тому

    Nice explanation.well done

  • @mokacciounoo
    @mokacciounoo 2 роки тому

    Thank you for sharing your knowledge with us..

  • @meassavuth4649
    @meassavuth4649 4 роки тому +1

    how to do if the exporter sent wrong products or broken product to the importer ???

  • @nirmaxmulticom8796
    @nirmaxmulticom8796 3 роки тому

    Good explanation easy to understand in simple terms ! certainly useful and applicable to peopel in trade ! Thanks

  • @sikanderhayat448
    @sikanderhayat448 3 роки тому +1

    Great effort, appreciate

  • @Gaming_Station05
    @Gaming_Station05 Рік тому

    Thanks for your explanation

  • @mahmoudalshami1557
    @mahmoudalshami1557 3 роки тому

    Do you have training video about SCLC?

  • @selmacam8075
    @selmacam8075 3 роки тому

    You make it very simple. Thank you.

  • @geletugg2888
    @geletugg2888 2 роки тому

    Thank you
    Very clear.

  • @ourfamily9397
    @ourfamily9397 2 роки тому

    Thank you for sharing and efforts .

  • @alexnjsikoko
    @alexnjsikoko 4 роки тому

    Nice job guys, very good explanation

  • @mohammedtarek8258
    @mohammedtarek8258 2 роки тому

    thanks , this is professional video

  • @richardadamwais9734
    @richardadamwais9734 3 роки тому

    thanks your explication it was accurate as exporter and importer both of don't encounter any risk for their transaction that's why letters of credit has less risk than others

  • @ahmedbagazi5240
    @ahmedbagazi5240 2 роки тому

    I have a test this was so useful thanks

  • @mohammadaftab893
    @mohammadaftab893 4 роки тому

    Thanks a lot...Very useful

  • @raghuram2578
    @raghuram2578 6 років тому

    Good video which cleared my doubts

  • @labradordudel
    @labradordudel Рік тому

    great video! appreciate it

  • @camaheshks3018
    @camaheshks3018 4 роки тому

    Great. easy to understand

  • @KathyLu-bi2xg
    @KathyLu-bi2xg 7 місяців тому

    very helpful

  • @saifulislam-rj8zy
    @saifulislam-rj8zy 4 роки тому

    Thanks, from 🇧🇩

  • @nareshcontractor549
    @nareshcontractor549 4 роки тому

    Good one, Good video

  • @Jess-is1lv
    @Jess-is1lv Рік тому

    If the payee is a trust is it recommended that the drawee be the organization or the name of the ceo?

  • @SaidKaireh-cb3gk
    @SaidKaireh-cb3gk 6 місяців тому

    I like really it's very important for me thanks...

  • @rauldado4466
    @rauldado4466 Рік тому

    Excellent!!

  • @SenaDiwakara
    @SenaDiwakara 10 місяців тому

    ❤ Please explain confirmed LC process

  • @leonardo-fp7on
    @leonardo-fp7on 3 роки тому

    Very good 👍

  • @meliscolak2674
    @meliscolak2674 3 роки тому

    Thank you so much!!!!!

  • @Saravananganapathy5
    @Saravananganapathy5 2 роки тому

    Thanku so much mam for your great explanation and so your hardwork effort is super mam pls kindly post the video for usance letter of credit

  • @mohammadshahabuddin1480
    @mohammadshahabuddin1480 6 років тому

    Thank you very muchh....so easy to understand....good hardwork

  • @sarojkandel1498
    @sarojkandel1498 5 років тому +1

    One thing I wonder, should the applicant deposit the payment in the issuing bank's account before issuing the LC ?? I mean, does the importer deposit the money in advance or it deposits the the payment after the whole mechanism takes place??

  • @asmaashabaka8339
    @asmaashabaka8339 Рік тому

    wonderful

  • @hanyborsali7828
    @hanyborsali7828 3 роки тому

    so proffisional

  • @senoltemur2420
    @senoltemur2420 3 роки тому

    Thanks a lot

  • @Suhailes
    @Suhailes 4 роки тому

    Very informative 👍🏼

  • @carolinerutendochibanda7896
    @carolinerutendochibanda7896 10 місяців тому

    Amazing

  • @bottaanilkumar5358
    @bottaanilkumar5358 4 роки тому

    Good and thank you

  • @RaviSaini-ti5ez
    @RaviSaini-ti5ez 5 років тому +1

    Please make a video on Usance Sales Contract , How can we make this contract.

  • @relaxationzen9463
    @relaxationzen9463 7 років тому

    thank you very much that was very informative and easy to understand keep up the good work and plz post more about international trade

  • @makcimenuka7904
    @makcimenuka7904 Рік тому

    Thank u very good explanation.

  • @santhoshkumary5569
    @santhoshkumary5569 5 років тому

    I Really appreciating you. Super

  • @cool1u1
    @cool1u1 5 років тому

    Brilliant !!!

  • @adiksenpoui7079
    @adiksenpoui7079 7 років тому

    Thanks you for the all info..very nice for explaining. ...I more understand..thank

  • @vaibhavlodha1178
    @vaibhavlodha1178 6 років тому +1

    Very Good Job... THANKS.... JUST NEED USANCE LC OPERATION... WAITING

  • @nambuyacathy9036
    @nambuyacathy9036 2 роки тому

    What happens if the importer fails to pay the issuing bank? Great presentation though

  • @Clarksportstv
    @Clarksportstv 4 роки тому

    Thank you for this wonderful video for newbie for trading like me give me a lot of learning 🙏

  • @queenandaya7279
    @queenandaya7279 4 роки тому

    Thank you so much for this!!

  • @bumblebeemelodies2739
    @bumblebeemelodies2739 6 років тому

    I have tried many videos. yours was the best. exellent
    keep it up. pls do one on the types of LCs pls.

  •  6 років тому +26

    since i discover this channel, i left movies behind to watch these

  • @GCCCoLLC
    @GCCCoLLC 6 років тому

    Nice.Well done.

  • @yawarmujtaba8840
    @yawarmujtaba8840 5 років тому

    Good way to earn knowledge

  • @modidoar
    @modidoar 4 роки тому

    useful video

  • @ibrahimmwinyi2976
    @ibrahimmwinyi2976 6 років тому

    Thanks a lot it is very useful lecture, so is lc applicable to Cif contracts only?

  • @924waqas
    @924waqas 6 років тому

    great video

  • @Bala-en5vb
    @Bala-en5vb 6 років тому

    Great information...please contribute more videos .....I recently joined a course in "advanced certificate in International Trade" in Mumbai, India & your videos really help me to relate to what was though in my class + your graphics r great.... really appreciate your efforts in creating this videos

  • @rosmidahsaidi3580
    @rosmidahsaidi3580 7 місяців тому

    Hi where is can see usance LC explanation

  • @genetbirku2057
    @genetbirku2057 2 роки тому

    VERY GOOD VIDEO (EXCUSE FOR MY GRAMER ERORR)

  • @dhanushgowda7269
    @dhanushgowda7269 5 років тому

    Thank you

  • @abd-tg9vl
    @abd-tg9vl 4 роки тому

    Good

  • @sinetheang9504
    @sinetheang9504 6 років тому

    Thanks

  • @anilkhambal848
    @anilkhambal848 7 років тому

    very helpful....

  • @ashleyperera9604
    @ashleyperera9604 4 роки тому

    great

  • @Jessicanguyen89
    @Jessicanguyen89 5 років тому

    thank u

  • @MhmdInshafRT_MLM_22_39
    @MhmdInshafRT_MLM_22_39 Рік тому

    useful

  • @megaportcustomsbrokerage8871
    @megaportcustomsbrokerage8871 4 роки тому

    how about the usance?

  • @zenhab
    @zenhab 7 років тому

    How does avalisation work? Do you hava a video on that?

    • @TradelinksResources
      @TradelinksResources  7 років тому

      i dont have a video on avalisation yet, but i'll add that topic to my list of video to produce

  • @rajusharma709
    @rajusharma709 6 років тому

    Can you tell us how can we find buyer in international market because there are many froudr in the market

  • @mariajosenavin1793
    @mariajosenavin1793 6 років тому

    Is advising bank also termed as negotiating bank ?

  • @manojkumarsekar
    @manojkumarsekar 7 років тому

    Can you please share the video about how an Usance Letter of Credit works

    • @TradelinksResources
      @TradelinksResources  7 років тому

      thanks for your comment! i'll add that topic to my list of videos to produce

    • @janepanelo8842
      @janepanelo8842 6 років тому

      Do you have a usuance LC works?

  • @DaMi0421
    @DaMi0421 4 роки тому

    Hello,
    I have client. My client insists LC At sight means at LC released after goods arrived at destination port. While me I insist LC at sight means Lc release after seller bank surrendered all the shipping docs to Buyers bank. Can you give me some advise? Thanks, Michale

    • @samfcarvalho
      @samfcarvalho 4 роки тому +2

      Yeah, avoid this kind of client, it's a old trick where when the product arrives at the port, they claim there is a problem with the product and they demand a huge discount, and if you don't pay, the product is stuck there without a buyer. My advice is tell them politely that you're afraid of the potential risk and they can meet you half way or you'll take your business somewhere else, to which they'll probably give up because they might have been trying to cheat you the entire time

  • @asmaabdurasak1052
    @asmaabdurasak1052 6 років тому +1

    thank youuuuuuuuuu

  • @newalpha5592
    @newalpha5592 5 років тому

    What is cover letter?

  • @sudhirpwc
    @sudhirpwc 5 років тому

    Can you send presentation

  • @rebeccakumi5369
    @rebeccakumi5369 3 роки тому

    I would definitely fail my course if it weren't for these videos.