Bronze Wing Trading’s Success in Providing Swift MT799 on Behalf of a Thailand Buyer to Import Sugar ICUMSA 45 A Thailand Buyer availed Swift MT799 from Bronze Wing Trading to Prove Their Financial Capability to Their Supplier to import 25,000 MT of Sugar ICUMSA 45.
A Thailand buyer decided to make handsome profit by supplying huge quantity of Sugar ICUMSA 45 for their local buyers. So, they started searching for suppliers and found the one who was ready to ship 25,000 MT tons of Sugar as per the buyer’s requirement. But before signing the contract, the supplier demanded the buyer to provide Bank Comfort Letter to prove that they are financial stable to purchase bulk sugar commodities. The buyer contacted their bank to avail BCL MT799 on their company’s behalf. But the bank declined their request, as they didn’t meet the banking norms. And then, the client found us on Google and contacted us with their BCL request. Our team analyzed and approved their request. The Client signed the service agreement and paid the service charges. We structured their BCL with our bank and sent the BCL draft for their approval. The Client approved the BCL draft and paid the BCL issuance fee charges. Finally, we instructed our bank to issue the required Bank Comfort Letter via BCL MT799.
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