A UK based company’s Coal Transaction concluded successfully with SBLC
A UK-based trading company has decided to import steam coal to supply their end buyer. For this, they found a potential supplier in Indonesia and signed a contract with them to supply the steam coal. But the problem arose when the supplier demanded 30% advance payment. On the other hand, the UK trader did not […]
Bank Guarantee Facility for an African Buyer to Import Cars from Dubai
What is a Bank Guarantee Facility? It’s a guarantee issued by banks on behalf of its clients to ensure payment towards the supplier. This kind of surety always helps businesses to conclude worthy trade deals, which can be possible only with MT760. Further, by knowing this kind of Sureties, an African buyer decided to import cars from Dubai using the MT760 as payment terms. Read this success story to know the challenges faced by the buyer in availing of such a financial instrument. Also read, how the trader got the MT760 for their car’s import deal from us.
Issuance of Documentary Credit for a Chinese Buyer to Import A+ Chicken Paws from Brazil
Chicken Paws are proving to be popular in China, as like chicken wings in the US. Paw imports in China slightly slowed down in the year 2020 and the mid of 2021, due to the impact of COVID 19. But now, the demand has been increased rapidly. To meet the demand, a buyer from China planned to import chicken paws from Brazil using a Documentary Letter of Credit.
Standby Letter of Credit Providers in Dubai Facilitated MT760 for Gas Oil Import
Bronze Wing Trading, the Trade Finance Provider in Dubai supported the UAE trader to import Sugar from Brazil by providing a Standby Letter of Credit at ZERO Collateral.
UAE Buyer Imported Sugar from Brazil by Availing Trade Finance in Dubai
Bronze Wing Trading, the Trade Finance Provider in Dubai supported the UAE trader to import Sugar from Brazil by providing a Standby Letter of Credit at ZERO Collateral.
Successful LC Issuance to Import Toyota Hilux Pickup Trucks from UAE
Bronze Wing Trading, the Letter of Credit Providers in Dubai has successfully issued a Letters of Credit on behalf of a Sudanese buyer to import Toyota Hilux Double Cabin Pickups from UAE. We supported the client with their LC issuance by extending our bank limits available in European Banks. Continue reading to find how the client found us & how we served their DLC MT700 request.
Get Tender Bond to Win the Bidding Contest
Are you a contractor or supplier who is going to submit your bid for a new project? Is your bid qualified to enter into the bidding contest? Now you can get pre-qualified to enter into the bidding contest and can increase the chance of winning the bid by using the Bid Bond – Tender Bond Guarantee.
What is the Purpose of Letter of Credit?
Letters of Credit is a tool for minimizing the risk involved in International Trade. Letter of Credit is defined as a written undertaking issued by banks on behalf of their clients to assure the seller that they receive the payment upon the submission of shipping documents, as stated in the issued LC. In this blog, let us explain the Purpose of Letters of Credit.
Bank Guarantee Requirements: How to Obtain Bank Guarantee?
Are you unable to take up new projects due to financial crunches? Now you can sign worthy trade deals and contracts by availing BG MT760. But, how will you get started with the BG request? Do you know what the Bank Guarantee requirements are? In order to avail BG MT760 from banks, there are certain terms that you should comply with. Continue reading the blog to know – What is Bank Guarantees & the requirements to get BG MT760.
BWT Bridges the Gap between the Access to Trade Finance Facility and SMEs
As per the study done by World Economic Forum, Trade Finances is one of the top 3 obstacles for traders globally. But for them, access to Trade Finance Facility is very crucial for their success. Usually, in import export transactions, sellers want payment before shipment; while buyers want to pay, once they receive goods.