Bank Guarantee Letter – BG Providers in Dubai – BG MT760

Bank Guarantee Letter to Import Medical Devices from Germany

Story Overview Our Success in Providing Bank Guarantee on Behalf of a US Company to Import Medical Devices from Germany to Tackle the

COVID-19 Pandemic.

Case Study on Helping the Client

3

01

Problem

The Client Required Bank Guarantee Letter to Import Medical Devices from Germany

02

Challenge

Getting Bank Guarantee Letter Without Blocking Their Cash Funds

03

Solution

How Bronze Wing Trading Helped the Client with Their BG Requirements.

Problem: â–¸

A US trader decided to import Medical Devices

such as - Ventilation

supports, PPE Equipment, Oxygen Cylinders etc. from overseas and then supply to

the local market to overcome the scarcity

of medical supplies

caused by COVID-19. â–¸

Since only EU Countries are ready to export medical supplies to other countries, the US trader started searching for a reliable supplier from EU Countries and chosen the one from Germany.

Challenge: ▸

The Supplier demanded Bank Guarantee from the US trader to sign the contract with the confidence of Payment Guarantee.

▸

The buyer contacted their Bank with their Bank Guarantee request. Since the buyer had exhausted all their banking facilities and didn’t want to block funds to extend further facilities, therefore, the bank declined their BG request.

▸

The buyer searched online for International Bank Guarantee Providers and

submitted their BG request to us.

Solution: ▸

We studied the trade deal between the buyer and the supplier and agreed to provide Bank Guarantee Letter on behalf of the US trader.

▸

After receiving the required charges and relevant documents, we facilitated Bank Guarantee from our European Bank Account on behalf of the buyer and in favor of the German supplier.

▸

This overall process was completed in less than 3 working days.

The Buyer and the Supplier Signed the Contract!

After receiving the MT760 Guarantee, the Supplier

signed the contract with the buyer and started the shipment as agreed in the contract!

Apply Bank Guarantee Letter Now and Get It Issued within 48hrs!

We are the leading Providers of Bank Guarantee – BG MT760 from European Banks!

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