Methods of Trade Settlement | Letter of Credit

Methods of Trade Settlement | Letter of Credit

Letter of Credit Tutorial

11 лет назад

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@mohitbalhara637
@mohitbalhara637 - 16.03.2018 07:25

.

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@SathishKumar-nh4kn
@SathishKumar-nh4kn - 12.11.2017 10:20

Thanks for your video.

But, I want to know which one us the advising bank. That means I understand both buyers bank and sellers bank but can't able to understand Advising bank.

Advising Bank?

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@ashokboga393
@ashokboga393 - 28.02.2015 23:11

Thank you so much for the video which is giving clear understanding.

As I am a beginner, I would like to have clarifications for below doubts.

When Issuing Bank redirecting LC to Advising bank and Advising Bank redirecting the same LC to Seller Bank.

In above point,
1. what is difference between Advising Bank and Seller's Bank. 
2. Where Paying bank came into picture, when we are already having Seller's Bank.
3. Can we call Advising Bank and Seller's Bank both are same.
4. In which scenario Paying bank and Seller's Bank are different.
5. what is the difference between Advising bank and Paying Bank.

Kindly clarify for above doubts. 

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@money16200
@money16200 - 29.11.2014 16:21

good initiative...

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@b-tradeco.5852
@b-tradeco.5852 - 22.08.2014 15:01

so nice ,, thanks so much

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