Letter of Credit Limit Calculation | Non Fund Based Credit Facilities

[@SURYABAHAD]

Very lucidly explain the LC assessment concept with practical dos and don’t. The explanations gives you deeper concept clearance on the topic

[@ShuddhDesiBanking]

Thank you Sir for your consistent encouragement.

[@anjumpervez8336]

Really good and simply explained. Thanks. Practical exercise need some more depth. Thanks again.

[@ShuddhDesiBanking]

Glad it was helpful!

[@saurabhwarudkar6153]

Can you share the assessment format for BG and LC? Your explanations are really easy and I look forward to more such videos.

[@ShuddhDesiBanking]

drop an email to [e-mail]

[@hardikgala7703]

Hello Ramit, your videos are very helpful. Please share assessment notes to me.

[@das0076]

Please share assessment of of FLC for cap goods & procurement of raw material backed by buyers credit

[@nelsondominic3451]

Super ji

[@souradiptaray9231]

Thank you Sir

[@ShuddhDesiBanking]

Most welcome

[@binodkumarsingh4504]

Sir we have one practical problems .pl guide Borrowers having multiple facilities from our Branch which turn's into NPA in the mean time one BG is matured and borrower came for extensionof BG .whether this BG should be extended or not ?

[@VivekSingh-fy7iw]

Is there any video over packing credit??

[@ShuddhDesiBanking]

Not yet.

[@alokpal8305]

👌

[@Satish-rn1qp]

Hi sir...i request any trainer available for LC's to apply for cdcs

[@ShuddhDesiBanking]

We are yet to start online training. All our contents are in self paced mode. Here is our LC course www.bankon.school/s/store/courses/description/International-Trade-Finance-Letter-of-Credit-UCP-600

[@Satish-rn1qp]

@@ShuddhDesiBanking thanks for your support

[@zeeshanbhutto7739]

Dear Sir, i just need to ask regarding any credit facility, The vendor has submitted Customer credit form as client enable to collect the material without paying money based on accepting credit facility, i need to know interest will be charged against credit facility?

[@ShuddhDesiBanking]

No. Only LC charges for respective banks.

[@danbaig9282]

Sir, cam we multiply 25 x 4/12 for lc usance

[@ShuddhDesiBanking]

This is a standard template which might be used for any LC assessment. Percentage of DP and DA might be different in other cases. Same with the usance period and lead time. Both these time are expected to vary from one facility to another.25 X 4/12 will not be of any use in those cases. So better to learn a standard formula which covers all possible cases. *What's your opinion??*