what is Discounting OF LC Letter of Credit

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  • เผยแพร่เมื่อ 3 ม.ค. 2025

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  • @PareshSolankiOES
    @PareshSolankiOES  5 ปีที่แล้ว

    Fill up this form forms.gle/LubptbLy9dZq6eDy9 to get details about Export Import for more details call : +91 9714779191 Visit : www.onlineexim.com

    • @nikunjvayda2345
      @nikunjvayda2345 5 ปีที่แล้ว

      Sir kya hum apke pas exim sikhne k baad company banaye toh chalega ya phir pehle hi kholni padegi

    • @randypreston9377
      @randypreston9377 3 ปีที่แล้ว

      sorry to be so off topic but does someone know a method to get back into an Instagram account..?
      I somehow forgot my password. I would love any tricks you can offer me

  • @aayushmehta2502
    @aayushmehta2502 4 ปีที่แล้ว +1

    Dear sir , Such a great way to explained ...Actually i had just started my raw cotton bales business since 1 year and we need to guide proper and support how you support us .

    • @PareshSolankiOES
      @PareshSolankiOES  4 ปีที่แล้ว

      You can learn call 09714779191

    • @unpradip
      @unpradip 4 ปีที่แล้ว

      Hi Sir
      From which city you are. You write me I can discount your all deferred/usanse LC.

    • @unpradip
      @unpradip 4 ปีที่แล้ว

      We are doing lots of discounting of cotton business customer

    • @chetankondewar99
      @chetankondewar99 2 ปีที่แล้ว

      @@unpradip number bhejo

    • @chetankondewar99
      @chetankondewar99 2 ปีที่แล้ว

      @@unpradip number bhejo

  • @koustabhganguly7076
    @koustabhganguly7076 5 ปีที่แล้ว +1

    Bohot jaldi 50,000 subcriber hogi advance congratulation sir

  • @ramrajoria5823
    @ramrajoria5823 4 ปีที่แล้ว +1

    Excellent videp sir..

    • @PareshSolankiOES
      @PareshSolankiOES  4 ปีที่แล้ว

      Thanks for your compliments and sharing your thought keep learning

  • @jeansdepot7182
    @jeansdepot7182 3 ปีที่แล้ว +1

    Excellent 👌

  • @rohandodiya8002
    @rohandodiya8002 5 ปีที่แล้ว +3

    Sir.. as a beginner agr koi product export karni ho,, vo bhi low budget me to konsi product achhi rahegi...
    Redymade garments or agriculture product?

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      please call for more information +91 9714779799

  • @harshhingu3082
    @harshhingu3082 5 ปีที่แล้ว +1

    Sir gst claim kaise karte hai aur kitna gst bharna padtay jaise 0.1% karke suna hai toh sir ispar ek video banaiye aur claim kon kartay manufacturer or merchant exporter aur merchant kitna claim kartay kitna time lagtay ispar please ek video toh bantay sir zarur banaiye please its a request sir

  • @somenathbasu5937
    @somenathbasu5937 3 ปีที่แล้ว +1

    There is a small question sir. As you have mentioned LC discounting. Now as per NI act 1881 only bill of exchange, cheque and promissory notes can be termed as negotiable instrument. But how LC will be carrying negotiable clause unless it is backed by a NI by bills or even invoice for which also separate tripartite agreements need to be entered into. Moreover payment of LC not always ensured unless it is irrevocable one. In case of removable lc banks may have legitimate option of revocing lc. In that case what will be the legal standing of the exporter as far as recovery of money is concerned. Moreover lc may not be red clause lc always. In case of green clause lc how the discounting approach applies specially applicable for sblc.....pls clarify and giide

  • @anirban380
    @anirban380 3 ปีที่แล้ว

    Where can I get Pallet packaging of loose tea? at west Bengal?

  • @pradeepmhetre4726
    @pradeepmhetre4726 5 ปีที่แล้ว +2

    Hello sir.
    Between shop act and MSME udyohAadhar what should register for IEC.

  • @harshitmohata218
    @harshitmohata218 5 หลายเดือนก่อน +1

    Interest realised on LC discounting is recorded as an Other income in a company's Book, the company is an domestic seller &exporter of alloys. Its a non financila institution. what does it mean?

    • @PareshSolankiOES
      @PareshSolankiOES  5 หลายเดือนก่อน

      Contact us on 9714779191 for more details

  • @sourabhpaul8124
    @sourabhpaul8124 5 ปีที่แล้ว +1

    Paresh ji ek sawal tha esanchit in export ke bare me, agar without esanchit export shipping bill generate huwa tho koi problem hogi future me?

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      please call for more information +91 9714779799

  • @valibasham1721
    @valibasham1721 5 ปีที่แล้ว +1

    Wow super sir

  • @PankajDeo30
    @PankajDeo30 3 ปีที่แล้ว

    Usance LC konsa bhi seller Encash karsakta h kya?

  • @jyotijoshi7369
    @jyotijoshi7369 4 ปีที่แล้ว +1

    Sir, Is negotiation always for Sight bills and not usance bills. Kindly clarify.

  • @rizwanqureshiqureshi5826
    @rizwanqureshiqureshi5826 2 ปีที่แล้ว +1

    Very good explanation Sir. I appreciate your teaching. I am ur student. Sir agar payment terms kuch advance aur baaki against scan copy of BL hai toh usme bhi BL endorsement Krna padta hai kya ? Kyu ki is term me hum documents bank nhi bhejte direct buyer ko courier krte hai. Aur BL endorsement sirf LC ki terms me krte hai kya.

  • @rangarajankv1795
    @rangarajankv1795 3 ปีที่แล้ว +1

    Sir, Appreciate your update on Usance of L/C. Very useful information. How about a video on Pre snf post shipment credit. Who are eligible to avail this facility.

  • @vikasprajapati2362
    @vikasprajapati2362 8 หลายเดือนก่อน +1

    Sir, during the lc discounting if client not give the acceptance to bill of exchange , than what we do

    • @PareshSolankiOES
      @PareshSolankiOES  8 หลายเดือนก่อน +1

      Buyer can not stop payment

    • @vikasprajapati2362
      @vikasprajapati2362 7 หลายเดือนก่อน

      @@PareshSolankiOES need to talk with you sur , still my payment is stuck

    • @PareshSolankiOES
      @PareshSolankiOES  7 หลายเดือนก่อน

      Please call or WhatsApp: 9714779191

  • @narayanmundhara109
    @narayanmundhara109 5 ปีที่แล้ว +2

    Sir me product select me bahut confused ho rha hu please kya aap muje bta sakte ho me export business me kese entry kr skta hu

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      You can start your own international Business
      How to start it we will guide you in details
      we will show top 10 product ...and country selection also
      please call for more information +91 9714779799
      or Share your number here and watch this video
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  • @sandeepkell967
    @sandeepkell967 2 ปีที่แล้ว +1

    Thank you Sir

    • @PareshSolankiOES
      @PareshSolankiOES  2 ปีที่แล้ว +1

      Most welcome

    • @sandeepkell967
      @sandeepkell967 2 ปีที่แล้ว

      Sir, we were in discussion with our buyer for irrevocable LC at 180 days at sight.
      We need to discount the LC after submission of entire required documents with BL and standard documents of bank.
      We have account in Kotak bank.
      They are saying that they do not have any connection with their bank in Vietnam so they cannot discount the LC.
      Is it possible that for export irrevocable LC cannot be discounted for this reason?

    • @sandeepkell967
      @sandeepkell967 2 ปีที่แล้ว

      Sir, I need your help in this regards..

  • @ajayparmar5446
    @ajayparmar5446 ปีที่แล้ว +1

    Can we discount LC at sight?

    • @PareshSolankiOES
      @PareshSolankiOES  ปีที่แล้ว

      No discount

    • @ajayparmar5446
      @ajayparmar5446 ปีที่แล้ว

      @@PareshSolankiOES If we want finance against LC, then how can we do it?

  • @Universal-qt4rb
    @Universal-qt4rb 5 ปีที่แล้ว +1

    Thank you sir for your information

  • @IMRANANSARI-yo1mm
    @IMRANANSARI-yo1mm ปีที่แล้ว

    Sir, instead of discounting can exporter also go for post shipments finance, if yes then what’s the difference between both

    • @PareshSolankiOES
      @PareshSolankiOES  ปีที่แล้ว

      Yes, exporters can also opt for post-shipment finance.

    • @IMRANANSARI-yo1mm
      @IMRANANSARI-yo1mm ปีที่แล้ว

      @@PareshSolankiOES sir, then what’s the difference between both.

  • @rajesh_barot29
    @rajesh_barot29 2 ปีที่แล้ว +1

    Super

  • @ankitmishra4260
    @ankitmishra4260 5 ปีที่แล้ว +2

    Sir make a video upon iron ingots

  • @subodhsoni541
    @subodhsoni541 3 ปีที่แล้ว

    Material import Krane par bank vale lc par kitna charge lgate h
    Yes or no

  • @engineeringstudent1
    @engineeringstudent1 5 ปีที่แล้ว +1

    sir main icd tkd gya tha , wahan dekha cha aise baithe the jaise hospital ki opd me patient , wo apne ko cha bta rhe the , to kya wo wakai me cha hi they, wo sb ek kamre me the bahut saare , wahan dekh kr smjh nhi a rha tha ho kya rha hai
    custom broker cha ko hi kehte hai?

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      you can watch this video
      th-cam.com/video/YUcEOa5SJKU/w-d-xo.html

  • @dipaldesai6956
    @dipaldesai6956 4 ปีที่แล้ว

    Sir
    Kisi bhi business ko start karna ho
    For example a general stores on retail basis which offers complete provision items, FMCG, school and office stationery items, etc.
    What is minimum requirement like taking required licenses, accounting and book keeping.
    Can I assume that if I acquire GST No., O am automatically a registered business

  • @rajpatel-tn8jk
    @rajpatel-tn8jk 5 ปีที่แล้ว +2

    sir can i export duck eggs and meats other country

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      Of you can start Your Own international Business
      How to start it we will guide you in details
      please call for more information +919714779799

    • @unpradip
      @unpradip 4 ปีที่แล้ว

      Yes you can.

  • @m24recordertrading54
    @m24recordertrading54 3 ปีที่แล้ว +1

    Sir what is inland LC???

    • @PareshSolankiOES
      @PareshSolankiOES  3 ปีที่แล้ว

      inland letter of credit is used for domestic transactions.

    • @m24recordertrading54
      @m24recordertrading54 3 ปีที่แล้ว

      @@PareshSolankiOES thank you sir
      Last question
      Is it safe???
      Seller ko bhi collateral (security fd) rakhni padti hai kya???

  • @valibasham1721
    @valibasham1721 5 ปีที่แล้ว +1

    Hyderabad me training kab how ga sir

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      Right Now our special Training in Mumbai in September
      19 th 22 nd Septmeber
      we will Schedule in Hyderabad As per requirement...more than 20 students will join us
      Please call for more information + 91 9714779799

  • @mohitaneja6212
    @mohitaneja6212 5 ปีที่แล้ว +1

    Sir, as you said, bank humein 9 Lakh rs. dega,
    To kya LC discount 10% pe hoti hai??? I mean to say, ke LC discount karne ke liye kya bank 10% charge karega?

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      Yes , As per commitment L. C At discount Aapka Paisa Aanewala Hoga to Uska jo bhi Interest hoga
      Wo cut krke de degi

    • @AJ-ll9kz
      @AJ-ll9kz 4 ปีที่แล้ว

      Exporter 10 lac ka maal bhech kar 9 lac kyu lega par

  • @wellintime4224
    @wellintime4224 5 ปีที่แล้ว +1

    Sir please tell that what are the charges of port registratation and tell me when to register.

  • @malvaniyapratik8057
    @malvaniyapratik8057 5 ปีที่แล้ว +1

    Sir... In case of... Fob terms... Buyer book shipping line & container... If buyer book shipping line.. How can exporter get BL & do process... For getting BL.. Please tell me.... Please make a video if possible..

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      we will have time we make it
      you can Watch this video
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  • @neotechmedical6019
    @neotechmedical6019 2 ปีที่แล้ว

    HOW CAN BILL DISCOUNTING FRO SIGHT LC

  • @Nbm989
    @Nbm989 3 ปีที่แล้ว

    Sir kya confirm lc or irreable lc ka discount of lc milega??

  • @sauravkumar7594
    @sauravkumar7594 ปีที่แล้ว +1

    Interested for training

  • @arnabroy718
    @arnabroy718 5 ปีที่แล้ว +2

    Tnx sir

  • @hatimmirza6981
    @hatimmirza6981 5 ปีที่แล้ว

    Hello Sir,
    Kya hum customized T-shirts export kar sakte hai aur koun si export promotion Council ki membership lena padegi......

  • @dkexportimport
    @dkexportimport 4 ปีที่แล้ว

    What do I do if the LC is canceled

  • @nikhiljain7374
    @nikhiljain7374 5 ปีที่แล้ว +1

    What document required for lc

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      Documents Required For IEC
      1- Aadhar card
      2- Pan card
      3 - Current Account cancel cheque
      4 - Company Adress proof

  • @binodkumarsingh4504
    @binodkumarsingh4504 4 ปีที่แล้ว

    We have one Question on Calculation on LC Limit.
    Annual Imports 2200 Lacs ,Fixed Cost Rs 70 Lacs ,Insurance 30 Lacs,Custom Duty Rs 200 Lacs ,Lead Time 2 months,Usance 5 months and EOQ 500 lakhs
    Please Calculate No of LC required, LC Frequency and LC Limit. Please give solution

  • @mnawaz8768
    @mnawaz8768 5 ปีที่แล้ว +1

    Sir i m interest expot Grinet give me a idea

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      You can start your own international Business
      How to Export Granite to top 10 countries
      We will guide you in details
      Please call for more information +91 9714779799
      or Share your number here

  • @Niravpatel001
    @Niravpatel001 4 ปีที่แล้ว

    but sir bank wants security in LD discounting also, so can you guide us any bank which is ready for LC discounting without collateral security?

    • @unpradip
      @unpradip 4 ปีที่แล้ว +1

      Bank not take any security on usance LC.

    • @anibobgogo
      @anibobgogo 3 ปีที่แล้ว

      Yes bank wants security deposit against discounting lc also..

  • @indranilroy6664
    @indranilroy6664 5 ปีที่แล้ว +1

    How to check that the LC document of the foreign bank is genuine.

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว +1

      confirming bank is requested by the issuing bank to add its guarantee of payment or acceptance to the letter of credit instrument. You can protect yourselves against various risks under the letter of credit transaction by having the letter of credit confirmed by a prime bank in your country.

  • @muhyuddenmansoork1015
    @muhyuddenmansoork1015 4 ปีที่แล้ว

    Dear sir
    If i did LC discount immedietly what is charges apply ( agreed term is 60 days LC)
    Please explain

    • @unpradip
      @unpradip 4 ปีที่แล้ว

      Depends on from which bank and which country you are getting the LC. Make a roughly Idea of L+300 bps

  • @tathagatabose8342
    @tathagatabose8342 3 ปีที่แล้ว

    L.C at site discount hota?

    • @PareshSolankiOES
      @PareshSolankiOES  3 ปีที่แล้ว

      Watch this 👇 video
      th-cam.com/video/XJb9YrdTyRA/w-d-xo.html

  • @bikashkumarray6408
    @bikashkumarray6408 5 ปีที่แล้ว +1

    Sir aap ka .Training center kolkata me hi kay.tranining fees kay hi.

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      No, Kolkatta Mai Available Nahi Hai
      Aap Ahmedabad Aa sakte ho ya Mumbai ...Aap online training bhi le sakte ho
      Aap jyda Jankari ke liye please call +91 9714779799
      or Aapka yaha pe number share kariyye

    • @bikashkumarray6408
      @bikashkumarray6408 5 ปีที่แล้ว +1

      My no-9709266113

    • @unpradip
      @unpradip 4 ปีที่แล้ว

      If you are into business you can contact me. I can help you for kolkata

  • @Almamunmolla-im2pq
    @Almamunmolla-im2pq 5 ปีที่แล้ว +1

    Sir, when will you come to Kolkata?

    • @PareshSolankiOES
      @PareshSolankiOES  5 ปีที่แล้ว

      Right now No At any plan for kolkatta
      you can Take online training
      otherwise you can come to Ahmedabad or Mumbai
      please call for more information +91 9714779799

  • @indiantube3740
    @indiantube3740 8 หลายเดือนก่อน +1

    ❤❤

  • @MrGenuine-fc6ex
    @MrGenuine-fc6ex 7 หลายเดือนก่อน

    Thanku sir

    • @PareshSolankiOES
      @PareshSolankiOES  7 หลายเดือนก่อน

      Thank you, Keep Watching and Learning !!