What is a Standby Letter of Credit? (SBLC/SLOC)

Поділитися
Вставка
  • Опубліковано 5 лют 2025

КОМЕНТАРІ • 26

  • @ahmadal-haddad30
    @ahmadal-haddad30 3 роки тому +6

    You explanation and animation are such amazing!!! keep it up

    • @KINGCADEMY
      @KINGCADEMY  3 роки тому

      Thank you Ahmad you are too kind!

  • @teo8966
    @teo8966 11 місяців тому

    The best explanation! Subscribed! Thanks for your help!❤

  • @izacchowdhury3262
    @izacchowdhury3262 2 роки тому

    Superbly explain

  • @ieltsbyirfanahmad1034
    @ieltsbyirfanahmad1034 5 місяців тому

    Good explanation.

  • @WorldMover
    @WorldMover 5 місяців тому

    Perfect explanation

  • @sizwemakhobafarrels7929
    @sizwemakhobafarrels7929 6 місяців тому

    Nice one

  • @elm4nsuri
    @elm4nsuri 2 роки тому +1

    will pay the seller for whatever reason ? even if the goods they sent aren't what was agree upon?

  • @websternonde5555
    @websternonde5555 2 роки тому

    clean explanation

  • @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?

  • @Umdur
    @Umdur Рік тому

    Finally, now I get it. Thank you 😅

  • @fabiogerussibueriis
    @fabiogerussibueriis 13 днів тому

    Thanks

  • @j.4880
    @j.4880 Рік тому

    Nice

  • @mrpinkishpopli
    @mrpinkishpopli 10 місяців тому

    LC - payment guarantee when certian conditions are met
    SLC- payment guarantee when certain conditions are not met i.e. buyer is unable to pay.
    Are there any more conditions in SLC other than buyer not being able to pay???

  • @sheetalc06
    @sheetalc06 11 місяців тому

    It sounds like bank guarantee when buyer defaults on payment.
    Is there any difference between SBLC and BG ?

  • @georgegianforcaro3919
    @georgegianforcaro3919 4 місяці тому

    can all banks accept an SBLC?

  • @joserodriguezpuntacana1731
    @joserodriguezpuntacana1731 8 місяців тому

    Que ventajas tiene esto para un negocio ??

  • @anisb291
    @anisb291 2 роки тому

    Hi! Can you please answer my question. If the LC facility is specifically granted only for issuance of Sight LCs, can customer request to issues usance LCs?

  • @joshuapatrick2009
    @joshuapatrick2009 3 роки тому

    Hi kieren any idea is you can by loans based on this sblc or a bank guarantee ?? Is it possible??? Do you know anyone who needs such loans??

    • @KINGCADEMY
      @KINGCADEMY  3 роки тому

      Hey Joshua, it usually is used for international shipping contracts. As a starting point go to your bank and talk to them. :)

  • @anirudhkar3714
    @anirudhkar3714 3 роки тому

    Hey Kieren, great video as usual! Could you do one on Exchange Traded Notes?

    • @KINGCADEMY
      @KINGCADEMY  3 роки тому

      Hi Anirudh! Thank you for your comment. Of course I will put your request on the list.

    • @KINGCADEMY
      @KINGCADEMY  3 роки тому

      ua-cam.com/video/bUcot7v4xhs/v-deo.html Thanks for the request Anirudh. Hope this helps

    • @anirudhkar3714
      @anirudhkar3714 3 роки тому +1

      @@KINGCADEMY Thanks a lot Kieren! Keep up the great work.

  • @TabathaMalloch-m2x
    @TabathaMalloch-m2x 4 місяці тому

    Gleichner Centers