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hello friends we are discussing letter of undertaking in this video lesson which is part of banking and financial terms letter of undertaking Kuwata visco casa sukhiya data is k feature sky or s key implications can that is what we shall discuss so letter of undertaking it is informal type of banker guarantee which secures the a credit line so formal bank grant in making here yeah informal banker guarantee here do Kisco secure here it is secures a credit line which is provided by a foreign bank outside the country so it is used by importing customers to avail short term credit available to them from institutions abroad he do short term credit available issue come getting credit line or risk Oh conscious contain importing customers mu customers Gino name from outside the country goods and services co import karma and in cocon available Kurata is short term credit Co this is made available by institutions outside the country so here this is the bank which issues than Lello you and this i