Uploaded on Mar 24, 2020
An Indonesian buyer availed LC MT700 from us without pledging financial collateral! Read this document to see how Bronze Wing Trading, the Letter of Credit providers in Dubai helped the buyer to conclude their iron ore deal by providing LC MT700 on behalf of their company & in favor of their supplier with ZERO cash margin. Read the full story, https://importletterofcredit.com/letter-of-credit-provider To avail LC MT700 from rated banks, write to us: [email protected] or call us @0097145516966
Letter of Credit – LC Payment – LC MT700
Case Study
DEAL Concluded Successfully
With Letter Of Credit
Facilitated By Bronze Wing
TradingPresented by
www.importletterofcredit.co
m
Introduction
An Indonesian Firm gained a profitable contract from the local buyers for the supply of
iron ore. For this, the trader required Letter of Credit in favor of their supplier. Bronze
Wing Trading facilitated Letter of Credit on behalf of their company to conclude the deal
successfully.
Problem: Required Letter of Credit
Challenge: How to Find Letter of Credit Provider
Solution: Get Help from BWT, LC Provider
Problem: Required Letter of Credit
To meet the emerging needs of iron ore in the local market, the Indonesian trader
decided to purchase iron ore from a Brazilian Supplier. The supplier wanted to secure
their deal with a financial instrument & requested the buyer to provide Letter of Credit
on their favor to conclude the iron ore deal. The buyer agreed to their request and
started searching for Letter of Credit Providers.
Challenge: How to Find Letter of Credit Provider
The buyer contacted their banks to get LC MT700 on their behalf. But the bank asked for
100% cash margin to proceed further. Since the buyer doesn’t have enough cash
balance in their account & also, had a low credit score, it became impossible for them to
arrange for cash margin. So, they decided to search for private trade finance companies.
After spending more time for research on B2B portals, they came across with Bronze
Wing Trading, Letter of Credit Providers in Dubai. Once they visited our website, they
found that “We specialize in offering Letter of Credit on behalf of buyers from
rated banks without obtaining any cash margin.” So, they instantly submitted their
request to us through our website.
Solution: Get Help from BWT, LC Provider
After receiving their LC request, we studied and analyzed their trade deal thoroughly to
find out whether they met our eligibility terms or not. Since they fallen into our
parameters, we approved their request. The client signed a service agreement with us
and paid the admin charges. After that, we started working on the transaction. We
blocked our bank limit as per the trade requirement & issued the LC draft to the client for
their approval.
The client reviewed and approved the draft accordingly. Then, they paid the LC issuance
fee charges & provided all the needed documents to proceed with the transaction. Once
they comply with our terms & conditions, we instructed our bank to issue the required LC
on behalf of the buyer. Accordingly, our bank issued the Letter of Credit via
authenticated Swift MT700 to the supplier’s bank.
Final Result: Deal Concluded Successfully
Once the supplier received Letter of Credit in their favor, they shipped iron ore to the
buyer’s destination, as per the agreed contract. The buyer received the product &
supplied it to the local market and earned handsome profits.
This is How Bronze Wing Trading Helped an Indonesian Buyer
to Conclude Their Iron Ore Deal with
Letter of Credit
Full Story, Click https://importletterofcredit.com/letter-of-credit-provider
Avail Letter of Credit From Rated Banks – No Financial Collateral
Required!
Bronze Wing Trading L.L.C., the Letter of Credit Providers in Dubai specializes in assisting
traders to conclude their trade deal by providing LC MT700 on behalf of buyers and in
favor of suppliers from rated banks, without pledging any financial collateral.
Contact Details
Address: Office 3002, Aspect Tower, Business Bay, Dubai, UAE.
Visit Us: www.importletterofcredit.com
Email Us: [email protected]
Call Us: 00971-4-5519699
Follow Us On
Facebook: www.facebook.com/bronzewingtrading
Twitter: www.twitter.com/bwtradefinance
LinkedIn: www.linkedin.com/company/2644886/admin
YouTube: www.youtube.com/user/bwtradefinance
Contact Us Now With Your LC Request!
We Will Get Back to You With a FREE Quote As Soon As Possible!
Visit https://importletterofcredit.com/letter-of-credit
Comments