Bronze Wing Trading’s Case Study Bronze Wing Trading Facilitated Bank Comfort Letter – BCL Letter on Behalf of an Indian Trader to Import Petroleum Products from Saudi Arabia Without Blocking Their Cash Funds!
Prepared by: Import Letter of Credit www.importletterofcredit.com
Our Success on Helping the Client by Facilitating BCL Letter Challenge:
Problem:
Solution:
The Indian Trader decided to The Indian Trader decided to Once
we
received
their
import petroleum products contact their bank to avail request from the trader, we from Saudi Arabia to expand BCL on their behalf. The analyzed and approved their the
production
manufacturing
in unit.
their bank
demanded
certain request. The Client signed
The percentage of cash margin to the service agreement and
supplier was ready to supply issue the BCL from their paid the service charges. We the required shipment, but bank
account.
before signing the content, economy
the blocked our bank limit and
Since
was
under sent the BCL draft for their
they demanded the buyer to pressure, the trader didn’t approval. After receiving the prove their financial strength want to liquidate their funds draft approval, issuance fees by providing Bank Comfort at that time. So, they started and documents, our bank Letter. To avail MT799 Swift, looking
for
private
trade issued the BCL MT799 to the
the trader contacted their finance providers and found supplier’s bank account via bank with the request.
us from Facebook Groups.
MT799.
After Receiving the BCL from the Buyer, The Supplier Sent the POP (Proof Of Products) to the buyer’s Bank Account! And the Deal Concluded Successfully! Do You Require Bank Comfort Letter to Show That You’re Financially Capable to Purchase Goods in Bulk? Contact Us Today! Visit: www.importletterofcredit.com