Uploaded on Mar 24, 2020
Bronze Wing Trading L.L.C., SBLC Providers in Dubai shares this power point presentation to explain how an Indian Trader imported 3D Printing Consumables from a Chinese supplier with the help of Standby Letter of Credit – SBLC MT760 issued by BWT. To read the full story, visit https://importletterofcredit.com/sblc-mt760/ To avail Standby LC from us, send us your requirements to: [email protected] or call us @ 0097145519699.
SBLC MT760 – Standby LC – SBLC Providers
Case Study
An Indian Trader
Imported 3D Printing
Consumables from China
with SBLC MT760
Provided by
Bronze Wing Trading
Presented by
www.importletterofcredit.com
Story Overview
Bronze Wing Trading helped the Indian trader to conclude their
3D Printing consumables deal by providing Standby Letter of
Credit – SBLC MT760 on behalf of the buyer & in favor of the
Chinese Supplier.
Problem:
The Trader Required SBLC
MT760
Solution: BWT
Issued SBLC MT60
Challenge:
To Find SBLC Providers
Probllem: The Trader
Requiired SBLC MT760
The Indian trader didn’t have the enough cash funds available to
import 3D Printing supplies, so they decided to choose a supplier who
agrees to supply the products based on the payment term “SBLC.
Accordingly, they chosen the supplier from China who required SBLC in
such a way that can be monetized from their end to get the cash funds
needed to arrange the required goods from the principal supplier.
Understanding the requirements of the supplier, the Indian trader
started working on the process to avail SBLC that can be discounted at
the supplier’s bank.
Challllenge: To Fiind SBLC
Proviiders
The Indian trader contacted their bank and other private sectors. But
all declined their request by asking cash margin or security to issue
MT760.
While searching for SBLC providers, they came across with an
advertisement in “Gulf Business” portal, that says – “Avail LC, SBLC,
BG, & BCL for Importers & Exporters”.
Instantly, they sent an email requesting SBLC with all the details of
their 3D printing supplies deal.
Sollutiion: BWT Issued SBLC
MT760
Our team analyzed their requirement & approved the SBLC request.
The Client signed the service agreement & paid the admin charges to
initiate the work on their transaction.
We started structuring the SBLC draft in such a way that the supplier
can do SBLC discounting from their bank to get cash funds & sent the
SBLC draft for the client’s approval.
The Client approved the draft and paid the SBLC issuance fee charges.
Instantly, we contacted our bank with a request to issue the required
SBLC to the supplier’s bank via authenticated Swift MT760.
End Resullt: The Supplliier
Receiived the SBLC wiithiin 48
Workiing Hours.
Once the supplier received the Standby LC from the buyer, they
contacted their Bank for SBLC discounting. Since the Supplier
maintained a good track record with their bank, the bank approved
their SBLC discounting request & provided the funds against the issued
SBLC to mobilize their export.
The Supplier arranged Printing Supplies from the Principal Supplier &
shipped it to the Buyer’s Destination Port.
Deal Concluded Successfully!
Click Here to Read More
Avaiill Standby Letter of Crediit
From Us!
Do you require Standby Letter of Credit –
SBLC MT760 to Conclude Your Global Trade
Transactions?
Contact Bronze Wing Trading L.L.C.!
Apply Standby LC – SBLC MT76
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Contact SBLC Proviiders
Follllow Us On
00971-4-5519699 Facebook
[email protected]
m Twitter
Office 3002, 30th Floor, LinkedIn
Aspect Tower,
Al-Sa'ada Street,
Business Bay, Dubai, YouTube
United Arab Emirates.
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