DLC at Sight – LC MT700 – LC Payment

Case Study Bronze Wing Trading Issued DLC at Sight On Behalf of Moroccan Trader to Import Used Rail Scraps

Presented by, www.importletterofcredit.com

Our Success Story Bronze Wing Trading L.L.C., the Letter of Credit Providers in

Dubai successfully facilitated DLC at Sight on behalf of a Moroccan Trader to import Used Rail Scrap from South Africa.

The Client’s Requirement The Moroccan trader required 10000MT of South African Origin Used Rail Scrap to expand the product line in their factory.

They found a supplier who was ready to supply the required quantity of scrap under the payment term – DLC at Sight.

So, the buyer required to avail DLC at Sight on behalf of their company and in favor of their supplier.

The Client’s Challenge The Client contacted their bank with the LC request. But

the bank declined their request, as the client didn’t meet the banking terms.

So, they started looking for trade finance providers who

can provide the required LC without cash margin.

Finally, they found us on Google and submitted their request to us via our Online Form.

Our Solution Our team studied the Client’s requirement carefully & approved their request.

After that, the client signed the service agreement and paid the

service charges. Then, we started working on their transaction and sent the LC draft for their approval.

The Client approved the draft, paid the LC issuance fee charges,

and provided the documents related to their trade deal.

Finally, we instructed our bank to issue the DLC at Sight on behalf of the buyer and in favor of the supplier from our bank

account.

Deal Concluded With the Issued DLC at Sight After receiving the DLC at Sight in their favor, the supplier started the shipment of the required quantity of Used Rail

Scrap to the buyer’s destination port.

Read the Full Story

Avail Letter of Credit from Us We, the Letter of Credit Providers in Dubai provide LC at Sight – LC MT700 on behalf of importers from our rated bank accounts.

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