DLC Payment Term – How to Get Letter of Credit – Bronze Wing Trading

Bronze Wing Trading’s Success

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Bronze Wing Trading’s Success in Issuing DLC MT700 Bronze Wing Trading, the LC providers in Dubai facilitated DLC MT700 on behalf of an Indian trader to support them with their importation of Sunflower Crude Oil from Ukraine.

Want to know how our team worked on this LC transaction?

Read the Full Story Here!

The Client Required DLC MT700 An oil dealer who owns an oil refinery unit in India decided to earn some

profits by importing sunflower crude oil from Ukraine and then refine it to make it as a edible oil & supply it to the local market. To conclude this oil import deal, the buyer required Letter of Credit – LC MT700.

Since the buyer already utilized their credit lines, they were unable to open an LC from their bank, so they contacted us with their LC request.

How We Facilitated LC on behalf of an Indian Buyer?

Our team analyzed the buyer’s oil deal & agreed to facilitate LC MT700 for their

truck import deal.

The Client signed the service agreement with us and paid the admin charges to start work on their transaction.

We worked with our bank to structure their LC and sent the LC draft for their approval.

The Client given the LC draft approval and paid the LC issuance fee charges. And finally, our bank issued the LC to the supplier’s bank account via SWIFT MT700.

Successful Deal Conclusion With the Issued LC, the Sunflower Crude Oil import deal between the Indian Buyer

& the Ukraine Supplier Concluded Successfully!

Are You looking to Open Letter of Credit on behalf of your Company at ZERO Cash Margin?

Apply Now! We can Facilitate the Required LC in Less than 48hrs!

Contact us today!!!

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