Bronze Wing Trading Helped a German Trader to Conclude Their Raw Leather Deal By Providing Standby LC – MT760
Presented by www.importletterofcredit.com
About this template Introduction A German Trader availed Standby Letter of Credit from Bronze Wing Trading, the SBLC Providers in Dubai to conclude their raw leather deal.
Problem
Challenge
A German Trader Required SBLC MT760
Avail MT760 without Cash Margin/Bank Facility
Solution
Getting Help from BWT, the SBLC Providers in Dubai
About this template Problem: A German Trader Required SBLC MT760 A German trader is running a leather product manufacturing plant in Germany. To expand their business, they decided to purchase raw leather cow hide from an Italian Supplier. Since the buyer didn’t have sufficient funds to conclude their deal, they decided to make Standby Letter of Credit – SBLC MT760 as a payment term.
Challenge: Avail MT760 without Cash About this template Margin/Bank Facility Since the German trader didn’t have cash margin or existing bank facility to avail SBLC from their bank, they looked for some other options to get it issued in favor of their supplier. While searching online, they read Bronze Wing Trading Case Studies and contacted us immediately with their SBLC request.
Solution: Getting Help from BWT, the SBLC About this template Providers in Dubai Once we received their request, we approved their SBLC transaction & asked them to sign the service agreement and to pay the admin charges. They signed the agreement & paid the charges. And then, we started structuring their transaction and sent the SBLC draft for their approval. The buyer verified and approved the SBLC draft and also paid the SBLC issuance fee charges. After which, we instructed our bank to issue the required SBLC in favor of the supplier via authenticated Swift MT760.
Deal Concluded About this template Successfully! The supplier received the SBLC and started shipping raw leather to the buyer’s destination port. The buyer received the raw leather & started manufacturing different kinds of leather products and earned more profits.
Deal Concluded Successfully! Read the Full Story Here
Avail Standby LC from Us to Facilitate Your Imports and Exports 00971-4-5519699 support@importletterofcredit.com Office 3002, 30th Floor, Aspect Tower, Al-Sa'ada Street, Business Bay, Dubai, United Arab Emirates. Submit Your Trade Finance Requirements Today! We Will Get Back to You Shortly With a FREE Quote!!! Contact Us Now