What is Letter of Credit and how does it work? | Mr. Kunal Dugar

Описание: Letter of Credit - A vital tool in international trade providing security and structure to transactions across borders.
In today’s video, Mr. Kunal Dugar, Instructor, JBS Academy Private Limited guides on ‘What is a Letter of Credit and How does it work?’ Mr. Kunal Dugar unravels the complexities of this financial instrument that plays a crucial role in international trade. He explains in detail about what Letter of Credit is, its players, types, how does it work step by step etc.
Learn in detail about,
• What is Letter of Credit?
• Key players - Letter of Credit
• Process of how a Letter of Credit works
• Types of Letter of Credit
• Advantage and Disadvantages of using Letter of Credit

To further learn in detail about ‘What is a Letter of Credit and How does it work?’ do watch the video.

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