Letter of Credit Issuance from
European Banks to
Import Copper Wire Scrap Presented by,
www.bwtradefinance.com
“ Bronze Wing Trading, the Letter of Credit Providers in Dubai assisted a
Dubai Trader to import Copper Millberry Wire Scrap from India by
issuing Letter of Credit from European Banks!
Story Synopsis
Client’s LC Requirement
▸ Our Client, Mr. Martyn Barnes, one of the leading industrialists in Dubai decided to import copper millberry scrap from India.
▸ For this, they required Letter of Credit on behalf of their company & in favor of their Indian supplier.
Client’s Challenge to Get LC MT700
▸ As the client has already used their bank facilities, they can’t able to get the bank support to open LC from their own bank account.
▸ Also, since the world’s economy is under recession, they didn’t want to invest their working capital for this new deal.
▸ So, they searched for some other option to get the required LC on their company’s behalf.
Client’s Visit to Our Office in Dubai
▸ Mr. Martyn Barnes, the client who required LC came to know about us via one of the broker in Dubai.
▸ The client visited our office in Dubai along with their broker to discuss more about their LC transaction.
▸ The client signed the service agreement and paid the service charges on the same day.
Our Process in Letter of Credit Issuance ▸ After receiving the service charges from the
client, we started to work on their LC transaction by coordinating with our bank.
▸ We sent the LC draft for the client’s approval. The Client approved the LC draft and paid the LC issuance fee charges.
▸ We instructed our bank to issue the required LC to the supplier’s bank via SWIFT MT700.
““Great Company, Honest People & Professional Approach! They are
the true & genuine LC providers in Dubai. Really, really, we felt very
happy & satisfied with their prompt service! On behalf of our company, big thanks to BWT and
its team!”
See What Mr. Martyn Barnes Says Regarding Their LC
Transaction with Us –
Do You Require Letter of Credit – LC MT700 – LC at Sight for your Import
Deals?Submit Your Letter of Credit Requirements to Us Online!
Click Here
Know the Documents Required to Open Letter of Credit – Watch This Video!
Email Id: [email protected] Call Us: +971-4-5519699Call/WhatsApp/BOTIM: +971-50-4648761 Visit: www.bwtradefinance.com
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