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Letter of Credit (L/C) Process! Explained L/C transaction process with Flow Chart.

No.1 International Trade & Logistics E-Learning "TRADE CAMP" - https://trade-camp.com/ Letter of Credit(L/C) is one of the most important transaction method for global business. It's very important to understand the L/C transaction process. In this video, I explained each process with animation and flow chart. 00:00 00:11 What is L/C? 00:31 First time deal risk 01:15 Advantage for exporters 01:45 Advantage for importers 02:11 Key Bank role 02:57 L/C transaction process 06:16 L/C process with flow chart 07:22 Summary ■●■●■●■●■●■●■●■● ★Contact to IINO san★ ----------------------------------------- Facebook Page   / iinosaan   Linked In Message   / shinya-iino   Twitter DM   / iino_saan   ----------------------------------------- ★Logistics Manual for Beginners★ http://forwarder-university.com/train... ** All videos and text explanation are in this page ** ・Forwarder University - Logistics Blog http://forwarder-university.com/ ・Instagram - Logistics can be art   / iino_san_logistics   ・Company Website http://www.hps-trade.co.th/ 【Profile】 Shinya Iino 15 years experience in business development in Asia and South East Asia. Marketing and Sales specialist in especially Logistics field. Over 5,000 TEU Monthly volume for export and import in our Group company in Thailand. ・Established Forwarding Company in Thailand. ・Achieved THB 7.5 million ordinary income in the first year. ・Management and Training Thai staffs with Japanese hospitality style. ・Strong communication skill with Japanese, English and Thai language. ・Succeed in expanding our business to the total logistics provider.