Both Bank Guarantee and Letter of Credit are used in trading finance. But both are different financial instruments. In this hindi video, we understand the difference between BG and LC.
Related Videos:
Bank Guarantee – https://youtu.be/GWtBvqYYXbI
Letter of Credit – https://youtu.be/0UiLLhNhBiI
Types of Letter of Credit – https://youtu.be/eOi2D1bGdD4
Bank guarantees are more popular in infrastructure and real estate projects while letter of credits are used mainly in international trade.
बैंक गारंटी और लेटर ऑफ़ क्रेडिट दोनों का उपयोग ट्रेडिंग फाइनेन्स में किया जाता है। लेकिन दोनों अलग-अलग फाइनेंशियल इंस्ट्रूमेंट्स हैं। इस वीडियो में, हम BGऔर LC के बीच अंतर को समझेंगे।
बैंक गारंटी इंफ्रास्ट्रक्चर और रियल एस्टेट प्रोजेक्ट्स में उपयोग की जाती है जबकि लेटर ऑफ़ क्रेडिट का इस्तेमाल मुख्य रूप से इंटरनेशनल ट्रेड में किया जाता है।
Share this Video:
https://youtu.be/azUdykbfyZc
Subscribe To Our Channel and Get More Property and Real Estate Tips:
https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g
If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter.
In this video, we have explained:
What is bank guarantee?
What is a letter of credit?
What is the difference between bank guarantee and letter of credit?
How bank guarantee is different from the letter of credit?
What is the main difference in bank guarantee and letter of credit?
Is bank guarantee and letter of credit is same?
When should you use bank guarantee and when should you use a letter of credit?
What is the difference in the concepts of bank guarantee and letter of credit?
How should you differentiate between bank guarantee and letter of credit?
How the process of bank guarantee is different from the process of the letter of credit?
How bank guarantee and letter of credit used?
What are the similarities between bank guarantee and letter of credit?
How to differentiate between BG and LC?
Why bank guarantee can’t be used in place of letter of credit?
Can you use letter of credit instead of bank guarantee for business?
Make sure to Like and Share this video.
Other Great Resources
AssetYogi – http://assetyogi.com/
Follow Us:
Pinterest – http://pinterest.com/assetyogi/
Google Plus – https://plus.google.com/+assetyogi-ay
Twitter – http://twitter.com/assetyogi
Instagram – http://instagram.com/assetyogi
Linkedin – http://www.linkedin.com/company/asset-yogi
Facebook – https://www.facebook.com/assetyogi
Hope you liked this video in Hindi on “Bank Guarantee vs Letter of Credit”.
