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

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

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【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.

Видео Letter of Credit (L/C) Process! Explained L/C transaction process with Flow Chart. канала 【Logistics YouTuber】 IINO san