Case Study: Bronze Wing Trading Helped the Trader to Sign the Heavy Machineries Purchase Contract by Providing
Bank Comfort Letter – BCL MT799 Presented by www.importletterofcredit.com
Slide 1
Success Story A Chinese trader availed Bank Comfort Letter – BCL MT799 from Bronze Wing Trading to sign the contract for purchasing heavy machineries from a German Supplier.
Problem
Challenge
Solution
Slide 2
Problem: Buyer Needs to Prove Their Financial Status to the Supplier
The Buyer contacted the German Supplier to purchase heavy machineries for their rental business.
To conclude the deal, the Supplier asked the buyer to show the Proof of Funds by providing Bank Comfort Letter in favor of their company.
This Bank Comfort Letter can assure the Supplier that the buyer is financially capable to purchase the
machineries as per the agreed contract.
Slide 3
Challenge: To Avail BCL MT799 On Behalf of their Company
The buyer contacted their bank to avail on behalf of their company, but the bank denied issuing BCL, as the company is the new startup.
So, the buyer started searching for trade finance providers to avail BCL. They were referred to Bronze
Wing Trading, by one of their friend named Lian Kang (One of Our Happy Client).
The buyer contacted us and booked an appointment to meet us at our Dubai office.
Slide 4
Solution: BWT Facilitated BCL MT799
The Client visited our office and had a discussion with our CEO. They liked our personalized approach and signed the service agreement on the same day.
They paid the admin charges to start the work on their BCL
transaction.
Then,
our
bank
structured
the
required BCL and sent it to us for the client’s approval.
The client approved the BCL draft and paid the issuance fee charges to us. Accordingly, we instructed our bank to
notify the requested BCL on behalf of the buyer to the supplier’s account via authenticated Swift MT799.
Slide 5
Final Outcome: Both the Buyer & The Supplier Signed the Contract
After receiving the BCL in their favor, the supplier assured that the buyer has the enough funds to purchase the machineries, as per the contract.
Then, the supplier forwarded the POP (Proof of Product) of the heavy machineries to the buyer.
Finally, both the Buyer & The Supplier Signed the Contract & the Deal Concluded Successfully! Read the Full Story Here
Slide 5
Avail Bank Comfort Letter from Us – Click Here! Looking to Avail Bank Comfort Letter – Letter of Comfort to show your financial capability to your supplier?
Contact Bronze Wing Trading L.L.C.! We can assist you to avail Bank Comfort Letter – BCL MT799 from rated banks to ensure that you’re financially stable to purchase bulk commodities or merchandise. Apply BCL MT799
Slide 6
Contact Bronze Wing Trading L.L.C.
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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