bronze wing trading success – swift lc mt700 – lc issuance
DESCRIPTION
This presentation has been shared by Bronze Wing Trading, the Letter of Credit Providers in Dubai to announce their success on providing DLC MT700 on behalf of a Turkish trader to import Wet Salted Cow Hides from a US Supplier. To see how we serve the trade finance needs of the buyer, visit: https://www.bwtradefinance.com/mt700-swift/ Do you require Letter of Credit MT700 to conclude your overseas transaction? Contact us today! We provide Letter of Credit from rated banks without blocking cash funds. For more info, write to us: [email protected] or call us @ +971-4-5519699.TRANSCRIPT
Bronze Wing Trading
Provided Swift MT700
Import Cow Hide from
USA
Presented By:
www.bwtradefinance.com
Story Overview
A Turkish Buyer contacted Bronze Wing Trading
to avail LC MT700 to import Wet Salted Cow
Hides from USA. We, the Letter of Credit
Providers in Dubai facilitated Letter of Credit
on behalf of the Turkish buyer without availing
cash margin.
The Client’s Requirement
One of the leading leather manufacturing company in Turkey decided to expand
their product lines by manufacturing – gloves, footwear, and other leather products.
For this, they required high quality raw cow hides from a reliable supplier.
So, they started searching for a supplier and found the one from USA, who was ready
to ship 10000 MT of Cow Hides.
To secure this overseas trade transaction, both the buyer and the supplier decided to
use Letter of Credit, as a payment term.
The Client’s Challenge
The Client who required Letter of Credit contacted their bank with the LC request.
But, the bank demanded them to provide certain percentage of the trade value as
cash margin.
Since, they didn’t want to liquidate the cash funds at that time; they decided to get
help from Letter of Credit Providers.
They posted their LC requirement in many Facebook groups. And when we saw their
advertisement, we contacted them with a FREE quote.
The Solution We Provided
Once the client received the email from us, they called us via phone and enquired
more about our services.
The client agreed to our terms, signed the service agreement and paid the service
charges. And then, we started the work on their transaction.
We structured their LC, as per the trade deal and sent it for their approval. The Client
approved the draft and paid the issuance fee charges.
Finally, we instructed our bank to issue the required Letter of Credit to the supplier’s
bank account via SWIFT MT700.
Final Outcome
With the Issued SWIFT MT700,
The Deal Between the Turkish Buyer and the USA Supplier Concluded
Successfully!
To Read the Full Story,
Click Here
Avail Letter of Credit from Us
• Submit your LC requirements to us
• Sign the service agreement and pay the service charges & LC
issuance fee charges
• Get the LC issued within 48 working hours from rated European
banks
Click Here to Apply LC MT700
Contact Us Today
Call Us: +971-4-5519699
WhatsApp/BOTIM: +971-50-4648761
Write to Us:
Email: [email protected]
Visit: www.bwtradefinance.com
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For More Info, Visit:
www.bwtradefinance.com