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Difference Between Bank Guarantee (BG) vs Letter of Credit (LC)

Bank Guarantee - BG MT760 and Letter of Credit - LC MT700 are two popular financial instruments, mostly used in the import and export business. Watch this video to know the difference between LC and BG. For more info, visit: https://bwtradefinance.com/ To Find the Right Solution for Your Day-to-Day Trade Finance Needs, “𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐎𝐮𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥” and Click the “𝐁𝐞𝐥𝐥” Icon For More Info on Performance Guarantee, Advance Payment Guarantee, and Bid Bond Guarantee, Email Us: [email protected] Call Us: +971-4-5519699 Call/WhatsApp/BOTIM: +971-504648761 Our Other Related Videos: Letter of Credit Application Process:    • Letter of Credit | What is Letter of ...   How to Get Bank Guarantee -    • How to Apply Bank Guarantee Online? |...   To get our latest updates, Follow Us on: LinkedIn:   / bronze-wing-trading-l-l-c   Facebook:   / bronzewingtrading   Twitter:   / bwtradefinance   #BankGuaranteevsletterofcredit #LetterofCreditvsBankGuarantee #BankGuarantee #LetterofCredit #BankGuaranteeandLetterofCredit #WhatisBankGuarantee #WhatisLetterofCredit #AdvancePaymentGuarantee #PerformanceGuarantee #ImportExportBusiness #BidBondGuarantee #DifferenceBetweenBankGuaranteeandLetterofCreditinEnglish #LetterofCreditExplained #HowtoOpenLetterofCredit​ #HowtoGetLetterofCreditin2Days​ #ApplyLetterofCreditOnline​ #LetterofCreditProcess​ #LetterofCreditProviders​ #DLCMT700​ #LCatSight​ #LCPayment​ #LCProviders​ #BronzeWingTrading​ #DocumentaryLetterofCredit​ #OpeningLC​ #LCIssuingBank​ #InternationalTrade​ #BacktoBackLetterofCredit​ #IrrevocableLetterofCredit #BankGuaranteeProviders #BGMT760 #InternationalBankGuarantee