Advance Payment Guarantee for Construction Contracts/Trade Deals What is Advance Payment Guarantee? As the name implies, it’s a guarantee or payment assurance given, when money is paid as advance, before goods or services supplied. In case, if the developer or buyer agrees to make an advance payment to a contractor or supplier, a bond may be required to secure the advance payment against any default by the contractor or supplier. This is referred as Advance Payment Guarantee or Advance Payment Bond or Payment Bond. Benefits of Getting Advance Payment Guarantee
APG facilitates advance payments to contractors/suppliers by developers/buyers which helps them to meet significant start up or procurement of materials. Getting advance payment increases the cash flow & enhances the ability to undertake the project. APG protects the client in the event that the contractor/supplier fails to fulfil its contractual obligations or becomes bankrupt. Do you require Advance Payment Guarantee to mobilize your trade deal or contract? Contact Bronze Wing Trading Today!
Send Us Your Requirement to: support@importletterofcredit.com or Visit www.importletterofcredit.com
Being the leading trade finance provider, Bronze Wing Trading facilitates Advance Payment Guarantee on behalf of contractors/suppliers from rated banks. To avail Advance Payment Guarantee, APG MT760 from us, submit your requirements now! How to Apply Advance Payment Guarantee
Step 1: Submit your requirements to us in terms of SPA or a contract. Step 2: We will review your trade deal or contract carefully & inform you whether your APG request is approved or not. Step 3: If approved, we will sign a service agreement with you & inform you to pay the admin charges to start working on your transaction. Step 4: Once you pay the admin charges, we will block our bank limit & provide the APG draft for your review & approval. Step 5: After receiving the APG draft approval, requested documents & APG issuance fee charges, we will instruct our bank to open Advance Payment Guarantee on behalf of you. Step 6: This issued Advance Payment Guarantee will be transmitted via authenticated Swift MT760 to the buyer’s/developer’s bank within 48 working hours.
Would You Like to Avail Advance Payment Guarantee to Avail Advance Payment from Your Developer/Buyer? Contact Bronze Wing Trading L.L.C Today! We provide APG MT760 from rated banks without Cash Margin. For More Details, visit https://importletterofcredit.com/advance-paymentguarantee