Incoterms 2020 | Documentary Credits/ Letter of Credits by K G Khullar

This video covers all the incoterms 2020 which have been launched in 2020. Incoterms 2010 no longer holds good.
This also covers a detailed Case Study which will clear all the doubts.This video is important for JAIIB Legal, CAIIB Bank Financial Candidates and Certified Credit Professional Candidates.
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Topics covered in this lecture -
1) Incoterms in layman language
2) What are the Incoterms rules
3) What the incoterms do?
4) Myths related to incoterms
5) 11 incoterms in details
6) How these incoterms are used in actual trade.
7) Key differences between Incoterms 2020 and Incoterms 2010
8) Practical Incoterms 2020 Case Study.

[@KGKhullarExBankofIndiaPSB]

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[@keerthimc4959]

Sir caiib bfm course is online or just a guide?

[@jayanthigovindaraj1828]

Sir.. your lecture gives a new hope... The text book will play only 10% role in preparation the rest comes from ur lectures.. thank u so much for putting such an effort to making us to understand this complicated subject specially for ppl from non commerce background.. Thank u so much sir..

[@GurpreetSingh-dd8qq]

Sir, a big thumbs to you for making such a quality video. No one can match quality of your videos.

[@KGKhullarExBankofIndiaPSB]

Thanks a ton

[@penchalaiahketharajupalli7013]

As u said in the begining of the videos u will provide only quality content ....and u r provinding exactly the same...became a fan for u r videos ....thanks for u r effort 👏👏👏

[@KGKhullarExBankofIndiaPSB]

Thank you so much 😀

[@pratikshakolambkar7936]

Last time I missed my IIBF Certification in International Trade Finance by 7Marks..I hope this time I'll do it...Thank u sir for such a amazing explanation🙂

[@KGKhullarExBankofIndiaPSB]

Always welcome

[@moulisengupta4249]

Hello Sir! To begin with, I would like to thank you for such an extensive explanation of the Incoterms. Sir, I am also a BOI staff (FOREX DEPT) and therefore would request you to make such explanatory videos on every aspect of FOREX RULES AND REGULATIONS. That will be very helpful as there are very few people with such in-depth knowledge.

[@sohanchakraborty3995]

Excellent explanation sir! Even your 1000 series books are really good.I have already purchased those.

[@justdo888]

Bro can I get ur mobile no. Please. I have a small query

[@vm1378]

Wow! Very well explained Sir. Hats off to you 🙏👏

[@KGKhullarExBankofIndiaPSB]

It's my pleasure

[@rachelfombe8206]

Thank you, job well done, no need for further research.

[@KGKhullarExBankofIndiaPSB]

Glad you enjoyed it

[@vishvanathgangoli4874]

Excellent Explanation

[@deepindersingh2361]

very well explanation sir ppt is osum

[@chanthyum6825]

Thank you, it a very good presentation of incoterms, I wan to download the books

[@amilahewavitharana3711]

Good job done. Very clear presentation

[@KGKhullarExBankofIndiaPSB]

Glad you liked it

[@bobronai7602]

Incoterms 2010 rules are still valid, as are all the previous ones right back to 1936. They do not expire, they are not replaced. Of course it makes sense to use an Incoterms 2020 rule in your new contracts.

[@RIB1353]

You are great sir Thanks for the help

[@hoodoo4405]

Sir, how freight prepaid & collect are derived from the incoterms?? For Example, will it be fr. Prepaid or collect for CIP incoterm??

[@rajabconstructionco.9973]

Very good information helpful and great advice excellent explanation amazing useful valuable video thanks you God bless you sir jai hind 🇮🇳

[@s49385]

Sir please advise in fca who will arrange the transport wherein goods has to be delivered. Is it seller or buyer.

[@vigneshn6521]

Sir, regarding the term FCA, please explain who is responsible for export customs clearance ? Buyer or seller ? In this video i saw that export customs clearance is part of Buyer? is that correct ?

[@sarvanmariner7861]

Thanks alot Sir!

[@akudochioma1198]

Fantastic

[@margrethdolphy7550]

Incoterms explained in a very easy to understand layman language with simple examples and demonstration. May I know where can I get the PDF to these Incoterms? I can't find the link on the description.

[@veenavishvapriyasubramania6648]

Awesome pictorial explanation sir 👏👏👏👏

[@KGKhullarExBankofIndiaPSB]

Thanks and welcome

[@lag-k1896]

Thanks very much sir. I really learnt a lot

[@KGKhullarExBankofIndiaPSB]

You are most welcome

[@donthuladayanand8975]

Superb

[@manojjain2158]

Very good explanation sir

[@KGKhullarExBankofIndiaPSB]

Thanks and welcome

[@ankitkumartiwari3034]

Nicely Explained

[@KGKhullarExBankofIndiaPSB]

Thank you so much 🙂

[@MehediHassan-ww3tc]

Sir...link for PDF of incoterms

[@bankingwithsiddarth856]

Keep doing sir thank u🤩🤩🤩🤩🤩🤩

[@KGKhullarExBankofIndiaPSB]

Always welcome

[@csacademyofcommercebanking7897]

Sir please discuss about FTP policy

[@visionbatalabatala2969]

must appreciate the practice qus. really thnk u. may we have more practice qus or mcq on incoterm for upcoming caiib exam plz sir.

[@KGKhullarExBankofIndiaPSB]

Thanks for appreciating the effort. I will cover more case studies in my ongoing BFM case studies course.

[@georgenelson6872]

Can question 4 be explained more.

[@vijetabisht5309]

On board Bill of landing is not clear sir.. is that mean that in FCA the place of delivery will always be the port of exporter, Sir at this point FCA and FAS are same as they both delivery up to port. Pls help

[@KGKhullarExBankofIndiaPSB]

Pls note in FCA the deivery can be any place between sellers premises to port. But in FAS the delievry is compulsarily beside the ship of loading. Thanks

[@adeboyeolanrewaju8657]

fca does not necessarily delivers at port but at a named place agreed by the seller and buyer.

[@ramakrishnag139]

Sir can u provide notes to Optional subject HRMS

[@nehalsharma8952]

who is responsible to insure the cargo in FCA?

[@vettriselvi4266]

Sir I couldn't understand c terms and d terms

[@rajwinderkaur9804]

Case studies on incoterm2020 are asked in caiib or they are from previous one?

[@KGKhullarExBankofIndiaPSB]

As said , incoterms 2020 are launched in 2020 only. So these are imp for CAIIB from this year onwards.

[@NANDINISURES2611]

Sir my doubt is what will be caiib pass percentage based upon your resources

[@KGKhullarExBankofIndiaPSB]

Dear Nandhini, Passing and failing depends upon how student grasp the teachings of teacher. But yes if you grasp the concepts I discuss, then there is high probability of passing. Thanks

[@anushasanthalingam379]

Does caiib bfm has incoterms in syllabus?

[@KGKhullarExBankofIndiaPSB]

Indeed.Pls read the syllabus carefully.

[@keerthimc4959]

Sir caiib bfm course is online course or just a guide???

[@KGKhullarExBankofIndiaPSB]

It's an online video course. You can click the link and see all details there.

[@sujayghosh6730]

Pdf plz...

[@sumitkumar-cy4wr]

Sir...link for PDF of incoterms

[@vijaykiranreddychintapalli4600]

Waiting for the pdf