Bank Comfort Letter – BCL MT799 – Letter of Comfort

Bronze Wing Trading Provided Bank Comfort Letter to a UAE Trader to Conclude Their Jet Fuel

Trade Deal

Table of Content: Problem: The Client Required BCL MT799 Challenge: Finding the Trusted Trade Finance Provider

Solution: BWT Helped the Trader with their BCL Request Result: Concluded the Deal Successfully with BCL MT799

Presented By, www.importletterofcredit.com

Introduction A UAE trader had a requirement to purchase Jet Fuel JP54 Aviation Kerosene to supply it in the secondary market. So, they searched for reliable suppliers who can supply as per the needs and requirements. Finally, they found a reliable supplier from Russian Federation, who insists Bank Comfort Letter MT799 upon signing the JP54 contract with them.

Problem – The Client Required BCL MT799 As the supplier required Bank Comfort Letter to conclude the trade deal, the buyer started looking for the way to avail BCL MT799 on behalf of their company. They contacted their bank with their BCL request. As they don’t have enough balance in their account, the bank rejected their request.

Challenge: Finding the Trusted Trade Finance Provider The buyer started searching online to find out whether there is any other alternate option available to get BCL. While seeing the Google search results, they came across with our website www.importletterofcredit.com. They visited the website to know more about our services. They were very glad to know that BWT specializes in providing Bank Comfort Letter MT799 on behalf of their company without pledging cash margin.

Solution: BWT Helped the Trader with their BCL Request Once the trader felt completely satisfied with the services offered by us, they instantly submitted their request to us by providing a copy of ICPO and other documents of their trade deal. Our team carefully studied their trade deal and approved their request.

Since their request was approved from our end, we informed the client to sign the service agreement with us and pay the admin fee. The client signed the service agreement and paid the fee accordingly. Instantly, we started working on their transaction and provided the BCL draft for their approval.

The client verified & approved the BCL draft on the same day. Then, we asked them to pay the BCL issuance fee charges to proceed with the transaction. Once we received the charges from the client, we instructed our bank to issue the Bank Comfort Letter – BCL MT799 from our bank account as per the draft approved.

Result: Concluded the Deal Successfully with BCL MT799 As per our request, our bank issued BCL to the supplier’s bank account via authenticated Swift MT799. Once the supplier received the BCL in their favor, they affirmed that the buyer has the financial means to conclude the deal. So, the supplier forwarded the POP (Proof of Product) to the buyer’s bank, which indicated that they have the required product available in stock and ready to ship.

Once the buyer received the POP, they requested BWT to issue Standby LC in favor of their supplier to facilitate the transaction & concluded the deal successfully!

This is how Bronze Wing Trading L.L.C. helped the UAE trader to conclude their Jet Fuel deal by facilitating Bank Comfort Letter – BCL MT799 & SBLC MT760 Avail Bank Comfort Letter from Us! Bronze Wing Trading L.L.C. can provide Bank Comfort Letter – BCL MT799 on behalf of your company & in favor of your suppliers from rated banks. If you’re in need of Letter of Comfort to prove your financial ability to conclude your trade deal, contact us today!

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