Bank Guarantee BG vs Letter of Credit LC Hindi

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Both Bank Guarantees and Letters 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. Sign-up to our new app for discounts and early access: ✔ https://assetyogi.com/sign-up/ • ----------------------------------------------------------------------------------- • Time Stamps • 00:00 Introduction • 01:30 Meaning of Bank Guarantee (BG) • 04:02 Meaning of Letter of Credit (LOC) • 05:15 Comparison Between BG and LOC • 06:25 Summary • Related Videos: • Bank Guarantee - • Bank Guarantee - Explained in Hindi • Letter of Credit - • Letter of Credit(LC) का सब कुछ आसान भ... • Types of Letter of Credit - • Types of Letter of Credit (LC) - Hindi • Bank guarantees are more popular in infrastructure and real estate projects while letters of credit 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: • • Bank Guarantee (BG) vs Letter of Cred... • • Subscribe To Our Channel and Get More Property and Real Estate Tips: • / @assetyogi • 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 - / assetyogi • Google Plus – https://plus.google.com/+assetyogi-ay • Twitter - / assetyogi • Instagram - / assetyogi • Linkedin - / asset-yogi • Facebook – / assetyogi • • Hope you liked this video in Hindi on “Bank Guarantee vs Letter of Credit”.

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