INDEX

PARTICULARS
PAGE
Sr. no.

TOPIC

NO

1.

INTRODUCTION

2.

PARTIES INVOLVED IN A LETTER OF CREDIT

2-3

3.

WHAT IS A LETTER OF CREDIT

4-6

4.

ADVANTAGES AND DISADVANTAGES OF LC

7-8

5.

Letters of Credit Importers Perspective

9-18

6.

Letters of Credit Exporters Perspective

19-31

7.

OTHER TYPES OF LETTER OF CREDIT

32-34

8.

BIBLIOGRAPHY

35

A PROJECT ON

LETTER OF CREDIT
In The Subject
INTERNATIONAL MARKETING
Submitted BY
POOJA MANDAL
A025
M.Com Part II (Business Management).
Under The Guidance Of
PROF. PARVEEN NAGPAL
To
University Of Mumbai
For
Master of commerce Programme (semester-III)
In
Business Management
Year: 2015-2016
SVKMS
NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS
VILE PARLE (W), MUMBAI-400056.

EVALUATION CERTIFICATE

This is to certify that the undersigned have assessed and evaluated the project on LETTER OF
CREDIT Submitted by Pooja Mandal student of M.com - part-2 (semester III) in INTERNATIONAL
MARKETING for the academic year 2015-2016. This project is original to the best our knowledge and
has been accepted for internal assessment

Name & Signature of Internal Examiner :

Name & Signature of External Examiner :

PRINCIPAL
SHRI SUNIL B. MANTRI

DECLARATION OF THE STUDENT

I POOJA MANDAL student of M.COM PART-II (Business Management),

Management) Roll No.:A025 hereby
declare that the project title LETTER OF CREDIT for the subject INTERNATIONAL MARKETING
submitted by me for semester III of the academic year 2015-2016, is based on actual work carried out
by me under the guidance and supervision of PROF.PARVEEN NAGPAL. I further state that this work
is original and not submitted anywhere else for any examination.

Place: Mumbai
Date:
Name & signature of student
Name: Pooja Mandal
Signature:

ACKNOWLEDGEMENT

Projects have always been fun learning experience, but with growing age, at this masters level, it surely
demands corporate and depth approach.
This project was a great learning experience and I take this opportunity to acknowledge all those who
gave me their valuable guidance and inspiration provided to me during the course of this project.
I would like to thank PROF. PARVEEN NAGPAL Professor of INTERNATIONAL MARKETING .
I would also thank the M.com Department of Narsee Monjee College Of Commerce & Economics
who gave me this opportunity to work on this project which provided me with a lot of insight and
knowledge of my current curriculum and industry as well as practical knowledge.
Would sincerely thank our coordinator Mr. Hardik Pathak for constant guidance over the projects and
curriculums.
I would also like to thank the Library of Narsee Monjee College of Commerce & Economics for
equipping me with the books, journals and magazine for the project.
I would also like to thanks my friends and fellow students who helped me in the cause of the project