Basic understanding of how Letter of Credit works

Get to know the role of applican and issuing bank, in this video

When a bank advises the LC it is implicitly asserting that the LC is genuine.

This video will help you understand the UCP definition of Letter of Credit

Beneficiary means the party in whose favour LC is issued

Goods can be shipped in variety of ways and counts. Understand what partial shipment is all about.

Banks deal with documents, specified by the importer and the issuing bank, as needed in the LC

This video deals with the tranferability of the BLs