Standby Letter of Credit- SBLC Providers – MT760

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Thailand Buyer Concluded Their Steel Sheets Deal

by Availing Standby Letter of Credit Presented by, www.importletterofcredit.com

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Story Overview A Thailand trader required Standby LC to conclude their steel sheets deal. Bronze Wing Trading, the SBLC Providers assist the trader by providing the required SBLC MT760 without obtaining cash margin.

Problem

Challenge

Solution

No Banking Facility or Cash Funds Available to Get SBLC

To Avail SBLC without Providing Cash Margin

BWT Facilitated Standby LC On Behalf of the Buyer Company

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Problem: No Banking Facility or Cash Funds Available to Get SBLC Thailand Trader who deals with steel sheets import and export received a bulk deal to supply steel sheets to buyers in the local market. So, they decided to import steel sheets from an Indian supplier to cover the local market demand.

The supplier agreed to supply the materials based on the payment term “Standby Letter of Credit”.

The buyer contacted their bank to avail SBLC, but they demanded 100% cash margin. Since, the buyer doesn’t have enough cash in their account; they decided to avail SBLC MT760 by contacting private sectors.

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Challenge: To Avail SBLC without Providing Cash Margin The buyer contacted many private sectors & financial institutions to avail Standby LC without pledging cash collateral. But nothing worked out! Almost all asked for cash margin or third party assurance to get the job done.

Knowing the situation of the buyer, the supplier recommended Bronze Wing Trading to the buyer. And also, the supplier conveyed the buyer that BWT provide Standby LC on behalf of the company without availing any cash margin. So, the buyer contacted us with their request.

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Solution: BWT Facilitated Standby LC On Behalf of the Buyer Company Our team studied their request & approved to issue the required SBLC on behalf of their company. The client signed the service agreement, paid the admin charges & provided all the requested documents.

After that, we sent the SBLC draft for their approval and asked them to pay the SBLC issuance fee. Then, we instructed our bank to issue the required SBLC on behalf of the buyer to the supplier’s bank via authenticated Swift MT760.

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Deal Concluded Successfully With SBLC MT760 Once the supplier received the SBLC MT760 in their favor, they arranged the goods & shipped to the destination port, as per the signed contract.

Finally, the Deal Concluded Successfully & Both the Buyer & the Seller Earned a Huge Amount of Profit!

Read the Full Story – Click Here

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Avail Standby Letter of Credit from Us Bronze Wing Trading L.L.C., the SBLC Providers in Dubai assist their clients to conclude their trade transactions by providing SBLC MT760 on behalf of their company & in favor of their suppliers.

Apply for Standby Letter of Credit Now and Get It Issued Within 48 Working Hrs*

To Avail SBLC MT760 With Zero Cash Margin – Click Here

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Contact Bronze Wing Trading L.L.C. Facebook 00971-4-5519699 support@importletterofcredit.com Office 3002, 30th Floor, Aspect Tower, Al-Sa'ada Street, Business Bay, Dubai, UAE.

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