Bronze Wing Trading, an SBLC provider in Dubai, has signed a service agreement with a buyer from Ghana regarding their SBLC transaction in connection with a rice import deal with a seller from Thailand.
Bronze Wing Trading announced that it has signed the service agreement for the issuance of a Standby Letter of Credit with the Ghana-based company that holds a significant share of the Ghanaian market for procuring and supplying Thai Jasmine Rice. Indeed, this agreement confirms that BWT is going to facilitate SBLC MT760 for a Rice Import deal from a reputed bank at ZERO Collateral. Helping traders with collateral-free Trade Finance is the key pillar of our firm’s overarching strategy. As a result, BWT is recognized as a trusted & genuine SBLC provider in Dubai.
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Mr. Eniola, the buyer & client from Accra, Ghana, stated, “We strongly believe Bronze Wing is the right Trade Finance Partner. They have been leading the trade finance industry by providing promising Commodity Finance for the past 30 years. Most importantly, BWT follows a simple process. Therefore, there is no burden for us to arrange piles of paperwork or a cash margin to get the MT760. Similarly, we feel very happy and proud to work with such a reputed Trade Finance Company in Dubai for our SBLC Finance needs.”
Commenting on this new SBLC deal, Mr. Muhammad Ismail, Founder & CEO of Bronze Wing, stated, “We sincerely thank Mr. Eniola for choosing us for their Financial Guarantee needs. Also, we assure them that we can provide the best possible services to conclude their Rice deal on time. At this stage, we have signed the service agreement with our client. Further, as the next step, our team will begin structuring their MT760 with our bank. Once it is done, we will send the MT760 draft within a day for their review. Then, the client needs to approve the draft and pay the issuance fees. Finally, we will proceed with the issuance of MT760 on behalf of their company & in favour of their Rice supplier from Thailand.”
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Continuing the above statement, the trade finance expert from BWT added, “We understand the urgent demand for a Standby LC for our client to conclude their Rice transaction. With this in mind, we are working quickly to structure their SBLC deal with our bank. Above all, we have our own accounts with reputed International Banks. So, we can confidently provide our clients with the best SBLC Finance support that they require to conclude their trade deals on time.”
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If you require our support for your SBLC needs, you can contact us at any time. As an SBLC MT760 provider globally, we can provide the required Standby LC from our own Bank Accounts at ZERO Cash Margin within 2 banking days. To get started with the MT760 SBLC transaction, discuss your requirements with us now! Schedule a meeting with our Trade Finance Experts to find out the best ways to conclude multiple deals at a time with less investment.