Difference Between Bank Guarantee (BG) vs Letter of Credit (LC)
The difference between Bank Guarantee and Letter of Credit, These are 2 different financial instruments
Category: Treasury
Letter of Credit (LC)
What is LC or letter of credit?, Process, How are the Bank are Involved, Collateral Charges, Advantages of LC.
Bank Guarantee (BG)
What is the Bank Guarantee: Uses, Eligibility & Process, Advantages, Features.
Drawing Power – Cash Credit Working Capital
“DP” for Cash Credit (CC), Understand what is Sanctioned Limit, DP Method, What is Drawing Power.
Forward Contract.
Forward Contract, How to Use It, Risks, and Example, Hedging, What is meant by forward contract?
Working Capital Management.
What Is Working Capital Management?
Operating Cycle, Calculation, Formula, Current Assets.
Commercial Paper (CP)
Commercial Paper: Definition, Advantages, and Example, Important Point. Types.