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Page 1: Letter of Credit – LC at Sight – LC Providers in Dubai

Letter of Credit (LC MT 700)

For Importers & Exporters

Bronze Wing Trading L.L.C.

www.bwtradefinance.com

[email protected]

Page 2: Letter of Credit – LC at Sight – LC Providers in Dubai

• Letter of Credit Information • Letter of Credit – How to Apply • Letter of Credit Process • Letter of Credit Video

Table of Contents

Mitigate the Risks Involved in International & Domestic Trade

Transactions With Letter of Credit MT700

Page 3: Letter of Credit – LC at Sight – LC Providers in Dubai

Letter of Credit, also known as MT700 or import LC. This MT700 received by the seller’s bank (beneficiary) from the buyer’s bank that states the payment undertaking, once the supplier comply with all the terms and conditions mentioned in the Letter of Credit. It gives guarantee to the seller that the buyer will pay for the supplied goods at Sight. With this Letter of Credit, not only the exporter can get benefits but also the importer can receive the goods successfully.

For more information, you can visit our website: https://www.bwtradefinance.com/letter-of-credit-lc/

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Letter of Credit Information

Page 4: Letter of Credit – LC at Sight – LC Providers in Dubai

1. The Client submits their trade finance requirements in terms of pro

forma invoice or SPA.

2. Our team analyzes the trade deal and let them know our approval on

their LC request.

3. Once approved, we will sign the service agreement with the client.

And also, we will inform them about the admin charges to start work

on the LC transaction.

4. Upon the receipt of admin charges, we will send the LC draft for the

client’s review. Once the LC draft is approved, they need to pay the

LC issuance fee charges & provide the requested documents.

5. Once we receive the issuance fee & the documents required, we

instruct our bank to issue the LC to the supplier’s bank via

authenticated Swift MT700.

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Letter of Credit Process

Page 7: Letter of Credit – LC at Sight – LC Providers in Dubai

Bronze Wing Trading, the direct & trusted letter of credit

providers help traders who are in need of trade finance

assistance by offering Letter of Credit from rated European

Banks.

We provide Letter of Credit on behalf of the clients and in favor

of their suppliers. By Choosing Us, You’ll Get:-

Competitive Rates

Global Reach

No Collateral Required

Deal Close within 48HRS*

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Contact Bronze Wing Trading – Letter of Credit Providers


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