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@ARS374 жыл бұрын
My banking law paper is day after tomorrow and watching your videos..thank you so much..you're a saviour!!!😊
@Shamshu1504 жыл бұрын
Mukul, thank you very much for lectures, you have a very clear understanding of the fundamentals and the needs of the learners. Because of which the flow of your lectures progress at a very peaceful and smooth progression. After listening to you there remain no unanswered questions provided we apply our mind to your problems,I like the closing salutations you are so full of positive energy.
@sudevthapa84093 жыл бұрын
I will come and
@zaneturner64953 жыл бұрын
Sorry to be off topic but does any of you know of a way to get back into an instagram account?? I somehow lost the password. I love any tricks you can offer me
@cyrusgrayson74573 жыл бұрын
@Zane Turner instablaster =)
@zaneturner64953 жыл бұрын
@Cyrus Grayson I really appreciate your reply. I got to the site through google and I'm waiting for the hacking stuff now. Looks like it's gonna take a while so I will get back to you later when my account password hopefully is recovered.
@richasingh80074 жыл бұрын
Very precisely explained. Keep uploading such videos. These are really very helpful to understand such twisted concepts. Thank you sir.
@shialapioneersllc73344 жыл бұрын
Hi
@sandeeprocks914 жыл бұрын
Ur video is useful for jaiib ,caiib and banking related exam also
@AssetYogi4 жыл бұрын
Keep learning
@Bibhor45 жыл бұрын
Thanks for the upload. However, from my experience, I'd like to argue a point at 12:29. You mentioned that buyer gets a small credit at the beginning of opening the L/C. However, when my company opened an L/C, our bank (UBS) always held the funds immediately after L/C was drafted and confirmed for the duration of the L/C period. At this point, goods weren't shipped by the seller.
@ankitsomani84165 жыл бұрын
Dear Sir, This is an excellent video I have found on LC. I request you to kindly provide videos in following topics:- PO finance PCFC- pecking credit - Foreign currency Vendor discounting
@ashugupta71153 жыл бұрын
No one can explain in this way Easy to understand to anyone... Salute
@AssetYogi3 жыл бұрын
Keep learning Ashu 😊
@hirvamehta22644 жыл бұрын
So clear and even small point also covered.. Wonderful guidance.. Thank you
@taritmukherjee17545 жыл бұрын
Crystal clear explanation. Thank you sir.
@rathankumar60294 жыл бұрын
Awesome..Best lecture on LoC so far😍
@mularam2028Ай бұрын
wow, no body has explained me so simply.....you are superb
@vinnuvarun5836 Жыл бұрын
Nthng to say..👌👌 His teaching skills r amazing.. Tq
@AssetYogi Жыл бұрын
Keep learning
@bhushanlalsharma2268 Жыл бұрын
@@AssetYogi next video please please continue it sep by step to improve knowledge and take srtong step to build a raputed business ok thanks sir.
@ihsanalibaig13665 жыл бұрын
You are just awesome, really helpful for new importers like me.
@mnsnaumanshafique77523 жыл бұрын
Wow...when I saw your video in your early days....you had only some thousand of subscribers...but after some months today now I saw...u reached more than million...congrats for that...keep up the good work 👍👍
@AssetYogi3 жыл бұрын
Thanks 😊
@bindusharma31304 жыл бұрын
Thank you so much ur videos finally help me to clear all the concept regarding LOC without studying from books...tq
@MsAchu215 жыл бұрын
Al vedios are excellent .so I'm not mentioning any particular one here..keep going
@AssetYogi5 жыл бұрын
Thank you Charulatha
@gauravgupta236 жыл бұрын
Very very informative and step by step explanation. Thank you Mukul. Asset Yogi for your such a wonderful content.
@AssetYogi6 жыл бұрын
😊 Thank you for your kind words and support.
@gracefulheart79105 жыл бұрын
Maa sha ALLAH sir, aap ne bohot acche se samjhaya hai. May ALLAH bless you.
@itz_tanisha34892 жыл бұрын
Yaarrrrrrrrr......itna acha koi kese samja sakta hai 😳😳🙏 . . . . Thank you so much sir 😭❤️🙏
@AssetYogi2 жыл бұрын
Most welcome Tanisha.
@mihirbhagwat49735 жыл бұрын
Absolutely brilliant. Explained everything in such a simple way. Kudos sir
@cbcb91914 жыл бұрын
Sir, it's a well explained video on LC. I would like to know that who is reponsible to share shipping information like AWB, Flight detail, date, etc to buyer
@dhruvbrahmbhatt4085 Жыл бұрын
they will send the documents to your bank snd once the documents received at The buyers bank they will check whether the documents are presented as per the terms and conditions which were mentioned while opening an lc , once the same is done bank will inform the buyer that we have received your documents. post that buyer will provide the declaration of acceptance that they will make payment on due date
@saidivyatavabawa78154 жыл бұрын
Thanks so much. I'm studying business management & your video helped me understand about this export import related topic. Please consider incoterms in next vid
@Farhankhan-pg7ql4 жыл бұрын
Love u bro from USA 🇺🇸 i am also doing export & import here i miss india 🇮🇳 so much
@ekramnizam4 жыл бұрын
Thanks a ton, Sir, nice explanation. God bless you..
@AssetYogi4 жыл бұрын
Hope it helps :)
@funkaar306 жыл бұрын
It is a good tutorial but lack of information in starting like buyer firstly contact with seller and they will in contract in which terms and condtions will be written, in which one of the condtion is LC as well that will has to be accepted by both parties. if you will add this in this lecture then in my opinion it will be more beneficial.
@madhav.vignesh4 жыл бұрын
Crystal clear explanation. Thank you Bhai....
@AssetYogi4 жыл бұрын
I hope this will be useful Madhavan :)
@subingiri89905 жыл бұрын
watching your videos from Nepal. Your explanations are very clear. Thank you for this. Your channel has helped me a lot.
@thejibrailkhan3 жыл бұрын
Thank you very much for making this video. It has cleared my doubt
@AssetYogi3 жыл бұрын
Glad to hear that 😊
@anoshbhatti43475 жыл бұрын
As usual appreciable 😇 Love from Pakistan!
@AssetYogi5 жыл бұрын
Thank you 😊 Anosh
@piyushasrani11213 жыл бұрын
This explanation on LC IS masterpiece. Thanks a lot mukul sir
@AssetYogi3 жыл бұрын
Hope it's helpful Piyush 😊
@someshbudale88344 жыл бұрын
Best explanation ever.. every concept is cleared in a good way
@AssetYogi4 жыл бұрын
Thanks for appreciation Somesh :)
@VinodKumar-ny1yk4 жыл бұрын
Excellent one 👍👍
@AssetYogi4 жыл бұрын
Thanks
@sunflowr19854 жыл бұрын
You can also elaborate about UCP600 and the different clauses
@VishalKumar-fy7fu5 жыл бұрын
Bahot badhiya explanation hai
@AssetYogi5 жыл бұрын
Dhanyawaad Vishal:)
@yashchauhan89854 жыл бұрын
Very good sir....it is very useful to understand such kind of concept.....keep uploading such type of information...the way of presenting and teaching absolutely superb 👌👌👌
@AssetYogi4 жыл бұрын
Thanks for appreciation Yash :)
@pratikkk33504 жыл бұрын
Aa yeah ! Thank u so much sir ❤️🙏🏼
@AssetYogi4 жыл бұрын
Hope it's useful Pratik
@divinedevotion93724 жыл бұрын
@@AssetYogi bhaiya ji Kitna jaldi payment milta ha LC main ?
@sandipadhyaru12275 жыл бұрын
Sir aap bahut Achha samjate ho , details me , aap se meri humble request he ki aap pura export import a to z sikha do please , specially sari gov. schemes
@AssetYogi5 жыл бұрын
Thank you, and I have noted your suggestion.
@haseebriaz45394 жыл бұрын
Perfectly Explained ! Hatsoff ! 👍🏻
@DSS56835 жыл бұрын
Namaste Sir. ...wonderful. ..Thanks ..for sharing your knowledge. ....we are your lifetime students. ....
@AssetYogi5 жыл бұрын
Hope it helps and thank you for appreciation Debasis 😊
@tiwacha15 жыл бұрын
Sir, I know that you have covered functioning of trade finance products. However, can you please cover all the other International trade finance products
@mujeebraza5 жыл бұрын
Way of explanation ,, superb👌
@AssetYogi5 жыл бұрын
I hope this will be helpful :)
@DhirajKumar-by9iq4 жыл бұрын
बहुत अच्छे से समझाया आपने... धन्यवाद सर
@daryajaan25714 жыл бұрын
Wat a explanation sir superb flawles
@ravichanduyekula39756 жыл бұрын
Awesome explanation sir thnku for enlightening on this topic 👏🏻
@jameelbaig19725 жыл бұрын
Excellent bro but could you please explain or suggest the video in which the Clauses / Tags used in Letter of Credit.
@naddyshah4051 Жыл бұрын
Thanks ....ap ne bohat acha explain kya ...
@AssetYogi Жыл бұрын
Most welcome Naddy
@inspiredbyrg94135 жыл бұрын
Thank you so much. This video help me alot in my exam today. You clear all my doubts.
@AssetYogi5 жыл бұрын
Thanks for sharing your words Rachit. Keep supporting, keep growing
@kapilwaghe71236 жыл бұрын
For the basics it's really fantastic (y) and well explained. You can post another video for detailed knowledge. Thanks for posting.
@AssetYogi6 жыл бұрын
Noted, thanks for the suggestion.
@rajnishsingh20234 жыл бұрын
Without acceptance from issuing bank negotiating bank can't pay amount to seller
@binhilabi4 жыл бұрын
@@rajnishsingh2023 can you please explain
@rajnishsingh20234 жыл бұрын
@@binhilabi what is need of explanation. It's simple that without acceptance no one can discount LC... Because acceptance bank liable to pay amount on due date to discounting bank...
@punkajjtayyadey45305 жыл бұрын
Sir pls explain about preshipment finances and postshipment finances
@AssetYogi5 жыл бұрын
Topic noted for future videos.
@thezero93225 жыл бұрын
Super tiching sir .....
@merchant5005 жыл бұрын
@@AssetYogi tks
@utsavagarwal20294 жыл бұрын
Could you please make a video about how does advance payments and payments to middlemen work with LC. Th anks
@Queeni4u Жыл бұрын
You are amazing 🙌 I was really facing difficulty in understanding it by book. Now it is easy for me. I don't even need to memorize bookish language
@1977hemang5 жыл бұрын
Hi Mukul, Thanks for explaining the concept of LC. Your style of teaching makes it very easy to understand. I was looking for a video for Preshipment (export loan) and postshipment (export bill) concept. I am not sure if you have shared this video with some other name. Request you to share the same. Believe me, your videos are really helpful. Thanks a ton. Hemang Thakkar.
@pratikgulve61505 жыл бұрын
What is Letter of Intent? What is Letter of Undertaking? What is Financial Closure in Any Project?
@shubhamjain15254 жыл бұрын
Sir why there are separate LoC(letter of credit) and LoU(letter of undertaking) if the function of both is to built trust between 2 entities for completing transaction ..I found LoU to be a easy procedure than LoC. Sir please clear my doubt🙏🙏
@abhijit9215 жыл бұрын
Explained in quite a simple way...Thanks a lot!
@chiamunir88435 жыл бұрын
Ur very expert and good teacher. Ucp 600 articles and urr 500 articles please explain too in hindi.. I always see your all videos and learning a lot
@RAUSHAN..KUMAR..KASHYAP6 жыл бұрын
Bahut khoob.
@AssetYogi6 жыл бұрын
Thank you 😊
@manzoorwky6 жыл бұрын
@@AssetYogi bro.. your video is good but if you use hindi as a language you are reducing your potential viewers only in to Hindi knowing people
@aashishjangra5 жыл бұрын
What is shipping bil
@atiqkhan89175 жыл бұрын
Very nicely explained
@nitishk78654 жыл бұрын
Too good, well explained 🙏
@AssetYogi4 жыл бұрын
Thanks Nitish
@bantangjulie63014 жыл бұрын
For Small Errors, Banks do not cancel the entier L/C. If there is a problem they often charge USD100 for the discrepancy charge. and the only condition is if the Buyer accepts it. and most of the time they do accept it.
@kalpanajadhav48895 жыл бұрын
Thnku so much ...in simple words u clear all doubts related this concept
@AssetYogi5 жыл бұрын
Glad to know that it helped you.
@syedazam53815 жыл бұрын
sir, when negotiating/nominating bank is required although every exporter has advising bank
@umeshjoshi75234 жыл бұрын
Negotiating bank is the bank which purchased/discount the bills drawn under LC. Pls see this video. kzbin.info/www/bejne/e2KTm3yIedxqbMU
Sir, I am working as export and import assistant from last 5 yrs. Your videos are very helpful for better understanding of concepts. Can you recommend books, course for acquiring thorough knowledge in this field. How have you cleared your basic?
@rayeesbhat8497 Жыл бұрын
اسلام علیکم ورحمتہ اللہ وبرکاتہ Sir i am rayees ahmad from Kashmir India.sir i want do business with you
@m.a.8483 Жыл бұрын
Hello Bhai
@rayeesbhat8497 Жыл бұрын
@@m.a.8483 who are u
@sumairsaqib2605 жыл бұрын
Excellent.. How efficiently you covered import export & finance information at the same time.. Keep it up
@yashgala57416 жыл бұрын
Thank you sir Nice explanation of LOC sir these financial videos are useful for DBF exam?
@AssetYogi6 жыл бұрын
Good to hear that these videos are helping you in your exams.
@wazeerahmed98574 жыл бұрын
Dear sir how we export our products with buyer to deal with them in rupees or dollars? I hope you reply me.. Thank you
@poonampurnima81095 жыл бұрын
Sir u r the great tutorial ur ways of explanation is very understandable I thanks you for sharing ur knowledge through a this network
@AssetYogi5 жыл бұрын
Thank you for appreciation 😊
@induchauhan42234 жыл бұрын
I want to start export of spices. Being new in this business which help u do like buyer, country, procedure of shipment, safe payment, documentation etc.
@poojakashyap44524 жыл бұрын
Sir, aapki vedios se bahot accha samagh aata h. Ek request h please markiting logistics pr bhi vedios bnaiye pls sir
This is very nice and informative. One suggestion: You may also include the pricing of LC and financial impact.
@sagarverma5771 Жыл бұрын
You understand it best when it is in your mother tongue.Hindi it is for sure.
@anasbeig23995 жыл бұрын
apka video chart wise bna te ho acha help hota hai thnx for ur support bhai ji
@AssetYogi5 жыл бұрын
Glad that you found the video helpful. 😊
@BhupinderSingh-ex1wt5 жыл бұрын
Sir, thanks for sharing the knowledge over working of LC. Please suggest what is the difference between UPC articles and UPC rule and which should be referred while going for LC?
@naveera1233 жыл бұрын
Lĺllppppppppppp
@lubnaansari43905 жыл бұрын
Excellent explanation..
@AssetYogi5 жыл бұрын
Thank you 😊
@waghela995 жыл бұрын
Please clarify on below point while issuing LC 1. Expiry date 2. Latest date of shipments 3. Period of presentation 4. Usance and sight 5. By negotiable/acceptance/by deferred payments. 6. Incoterms - CIF/EXW/CIP/FCA/CRF 7. Marine insurance (why excess clause). 8. What is third party/charter party bill of lading. Please need information on above mentioned points for more understanding. Regards, Chirag waghela
@avinashmaurya8035 Жыл бұрын
sir,very good suggest
@Thoughts_in_theair5 жыл бұрын
i think iam geeting addicted 2 ur channel..pls make vedios for assesment of wc and realted things like drawing power etc. awesome vedio
@AssetYogi5 жыл бұрын
Thank you for appreciating Swizz. Noted your topic suggestion
@rahuljain11856 жыл бұрын
Foreign purchase procedure par video banaye
@ashadeep77865 жыл бұрын
Awesome.Could you pls explain about Aluminum premium pricing and LME
@AssetYogi5 жыл бұрын
Noted your topic suggestion Asha
@brajendrasingh77604 жыл бұрын
You video is really good. Covering the required aspects in simple language.
@AssetYogi4 жыл бұрын
Thanks for appreciation Brajendra :)
@jawadzulfiqar19953 жыл бұрын
Much simple explanation, informative video.
@dsdesire14475 жыл бұрын
Sir please UCPDC 600 ka important articles explain kijiye with examples 🙏🙏🙏
@nehasarvaiya74084 жыл бұрын
Export promotion organization...ye questions ka video banaye request
@manjukanduri93025 жыл бұрын
Trade looks so simple..but era isn't enough to Learn it!
@shafiqsoherwardy98233 жыл бұрын
Very nice very comprehensive, describe in detail, way of giving lecture outstanding. 👍👍👍
@AssetYogi3 жыл бұрын
Thanks for appreciation Shafiq
@rajvishah11484 жыл бұрын
In import case, How to recover the excess amount paid to the foreign supplier.
@alkashukla48003 жыл бұрын
You can settle the excess amount paid in your next order or send a SWIFT message to importer bank for reversal of excess money
@shaikhshoyeb46735 жыл бұрын
Methods of remittances par video kare
@preshitshirke42979 ай бұрын
"Explanation" is just like a WOW!
@AssetYogi9 ай бұрын
Thankyou
@lokanathreddyyerragundla61912 жыл бұрын
Extraordinary explanation sir .... hats off to you
@AssetYogi2 жыл бұрын
Thanks a ton
@mandiwalzonetech64974 жыл бұрын
सर एक्सपोर्ट के डाक्यूमेंट्स बनाने के बारे में बताइए में यह हमारा सी एच ए हमारी डॉक्यूमेंट बनाने में हेल्प करेगा
@Motivationalsoul4149 Жыл бұрын
Very nice question
@HotFuzzGoonayorum3 жыл бұрын
Nirav modi brought me here
@mrlonely_3 жыл бұрын
Sooo
@amitkumar-pj3jb2 жыл бұрын
Abe wo letter of undertaking leke gya tha
@milindpunde59233 жыл бұрын
Excellent explanation in very easy language...great
@AssetYogi3 жыл бұрын
Thanks Milind
@shayamkumar30844 жыл бұрын
Great explanation it's too much useful for my exams prepation 😊😊
@AssetYogi4 жыл бұрын
Thanks for appreciation Shayam :)
@rajendrawaje31945 жыл бұрын
Caiib exam retail banking par videos kare sirji
@swapnilupadhyay52985 жыл бұрын
Sir ma phli bar apna product export krna wala tha 70% advance payment bhi milna wali thi pr Importer ko third party guarantee chiya .. like kisi mnc vgra se pr hm nai janta aasa kisi ko to ab kya kra???
@theSarwarIqbal4 жыл бұрын
I think, LC is also act like third party guarantee
@md.hasanalshaif23524 жыл бұрын
Your explanation is clear.
@AssetYogi4 жыл бұрын
Thanks Hasan
@Latestudies Жыл бұрын
Thank you so much my first comment ever in any yt videos
@AssetYogi Жыл бұрын
You are so welcome!
@Idontneednohandlers6285 жыл бұрын
Bro only if this was n English but some how i understood lol
@prathainitiative01725 жыл бұрын
Bro he is addressing the 99.99% of Indian people, So if you want to learn what he is saying come to India and learn hindi then you will get to know everything.
@rekhachopra80615 жыл бұрын
Or loc and bank acceptance are similar?
@sumitpareek72005 жыл бұрын
Vo to line of control ho gaya 😂😂
@SatyaPharmaceuticals4 жыл бұрын
Very good video!!!! Please discuss more about EXIM protocols and necessary requirements.