Difference between Letter of Credit (LC) and Bank Guarantee (BG)

[@isaaclumbwe6068]

Very well and simply explained. Very useful indeed. Thank you

[@ShuddhDesiBanking]

Glad it was helpful!

[@bibhutimahanta6414]

Superb

[@curiosapien]

Thank you 🙏

[@ShuddhDesiBanking]

You are most welcome 🙂

[@brijeshpandey2679]

Please make video on merchant trade transaction and its deviation

[@ShuddhDesiBanking]

Thanks for topic suggestion

[@vimalkumar-vq8fo]

So nicely explained...

[@ShuddhDesiBanking]

Thanks a lot 😊

[@lokeshloki809]

Please make videos on eefc AC

[@prashanthkavalingal3362]

LC is a contract of performance, where as BG is a contract for non performance. It could be better if you can add these lines.

[@ShuddhDesiBanking]

Thanks!

[@lendingtree1554]

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[@anandsharmasamalkha3798]

Excellent information

[@ShuddhDesiBanking]

Thank you so much :)