SBLC MT760 – Standby LC – Trade Finance

Bronze Wing Trading Helped a UAE Trader To Import Fabric Weaving

Machineries From Germany

By Issuing SBLC MT760

Presented By www.importletterofcredit.com

Story Overview A Trader who owns a Textile Manufacturing Factory in UAE availed SBLC

MT760 from Bronze Wing Trading, the SBLC providers in Dubai to import Fabric Weaving Machineries to maximize their production & sales.

Problem

The Client Required SBLC MT760

Challenge

To Avail SBLC without Cash Margin

Solution

BWT Issued SBLC from a Rated Bank

Problem: The Client Required SBLC MT760 A UAE-based textile manufacturing & trading company decided to maximize

the production of apparel by increasing the number of machineries in their factory.

They decided to import Fabric Weaving Machineries from a reliable supplier in Germany. Since they didn’t have enough cash funds to invest in the purchase, they discussed with the Supplier & mutually agreed to conclude the deal with Standby LC – SBLC MT760.

Challenge: To Avail SBLC without Cash Margin To avail Standby LC, the UAE trader contacted their bank with the details of their trade transaction. But the bank declined their request by asking for

cash margin.

After getting a word of mouth referral from one of their staff, the trader decided to get help from SBLC providers in Dubai and finally founds us from Google search results.

Solution: BWT Issued SBLC from a Rated Bank The trader contacted us with their SBLC requirement. We studied their trade deal and approved to issue SBLC on behalf of their company.

The trader signed the service agreement & paid the admin charges. Then,

we structured their SBLC transaction & sent the SBLC draft for the trader’s review & approval.

The trader approved the SBLC draft and paid the SBLC issuance fee charges.

And then, we instructed our bank to issue the SBLC to the supplier’s bank account via authenticated Swift MT760.

Final Result: The Supplier Received the SBLC MT760

Once the supplier received the SBLC MT760, they shipped the required machinery units to the buyer’s destination port via sea freight.

The buyer received the machineries and installed it in their factory.

By doing so, the buyer maximized their production and increased their annual turnover!

Read the Full Story

Avail Standby Letter of Credit from Us Do You Require Standby Letter of Credit – SBLC MT760 On Behalf of Your Company to Facilitate Your Global Transaction?

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Contact Bronze Wing Trading, SBLC Providers in Dubai

00971-4-5519699 support@importletterofcredit.com

Office 3002, 30th Floor, Aspect Tower, Al-Sa'ada Street, Business Bay, Dubai, United Arab Emirates.

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