Recent Bronze Wing Trading Case Studies
A US Required MT760 Bank Guarantee to import 75,000 Boxes of Nitrile Gloves from Malaysian Suppliers. Since the bank demanded a certain percentage of the MT760 value as cash margin; the buyer decided to get help from us, the Bank Guarantee Providers in Dubai.
After receiving the signed service agreement and the charges, we structured their Guarantee with our bank by blocking our bank limit. And then, we issued the BG MT760 from our Bank Account. This helped the importer to import Nitrile Gloves from Malaysia.
An Indian trader decided to import electronic goods from China to enhance the product line of their new mobile showroom. To conclude this transaction in a secure way, they decided to use LC at Sight as the payment term.
Via our Newsletter, they found that we provide LC MT700 from European Banks at ZERO Cash margin. So they contacted us with their LC request. Our team worked on this transaction & issued the required LC within 48hrs.
Our client from US required Bank Guarantee Letter to import medical devices from Germany to tackle the COVID-19 pandemic. Since they didn’t get the required help from their bank to get bank guarantee, they contacted us with their request.
Via ZOOM Meet, we had a discussion with the client to know more about their transaction. And we structured their guarantee based on their medical devices import deal & finally issued the BG MT760 from our bank account.
The agro food dealer from South Africa decided to expand their supply chain by importing 10, 000 Metric tons of IR 64 raw rice from Pakistan using LC Payable at Sight. They contacted us to get the required SWIFT MT700 on their behalf.
Being LC Providers in Dubai, we worked with our bank to provide the LC at Sight on their behalf and in favor of their supplier. With the issued LC, the rice deal between the South African Buyer and the Pakistani Supplier concluded successfully!
A Chinese Buyer required 90 Days LC at Sight to import soyabean animal feed from Brazil. Since their bank facilities have been exhausted, they searched for the Letter of Credit Providers in Dubai. And they contacted us with their LC request.
We did a due diligence on their LC request and agreed to issue LC MT700 on their behalf. After receiving the signed service agreement and charges, we structured their LC and instructed our bank to issue the LC to the supplier’s bank via SWIFT MT700.
A Thailand Buyer required Swift MT799 to prove their financial capability to their Brazil supplier to import Sugar ICUMSA 45. Since the buyer was unable to avail BCL from their Bank; they looked for other options and found Bronze Wing on Google.
The buyer submitted their BCL request to us. Since, they met all our criteria, we approved their request. After signing the service agreement; and receiving the service charges & issuance fee, we provided the required Bank Comfort Letter via Swift MT799.
A Moroccan Trader required DLC at Sight to import 10,000 MT of used rail scrap from South Africa. Since the bank declined their LC request, they searched online to find the ways to avail MT700. And then, finally, they contacted us with their LC request.
We, the Letter of Credit Providers analyzed and approved their LC request. After the receipt of service charges & issuance fee, we instructed our bank to issue the required DLC at Sight from our European bank account to the supplier’s bank via SWIFT MT700.
List of Bronze Wing Trading Case Studies
An Indian Trader required Bank Comfort Letter to import Petroleum products from a Saudi Arabian Supplier. Since the trader didn’t want to liquidate their funds, they decided to get help from trade finance providers to prove their financial worth to their supplier.
The Indian trader contacted us with their request. We approved their request & asked them to pay the service charges and issuance fee. Once it’s done, we instructed our bank to issue the BCL Letter via MT799 Swift.
The Nigerian Trader required Confirmed LC to import PPE Supplies from a Chinese Supplier. Due to the economic recession, their bank declined their LC request. So, they searched for a Letter of Credit Providers on Google; and came to us via our LinkedIn Profile.
We approved their request to issue LC. After receiving the charges and the required documents, we instructed our bank to issue the Confirmed LC on their behalf. Read how we helped the trader to open LC without cash margin.
A Construction Company in South Africa required Bid Bond Guarantee to submit to win the bidding contest of a high rise building project. The Contractor contacted their bank to avail bid bond, but they denied their request as the contractor had low credit score.
The Contractor contacted us to avail tender bond guarantee on their behalf. After analyzing their tender documents, and receiving the charges, we structured their Bid Bond and issued the required Bid Bond on behalf of the construction firm.
A Japan trader decided to import LPG from a Qatari & to supply it in the local market to earn more profits. But to conclude this deal, the trader didn’t have cash funds available. So, they decided to use the Letter of Credit. To avail LC, they contacted us with their LC request.
Being a Letter of Credit Providers in Dubai, we helped the trader to avail LC MT700 on behalf of their company from the rated bank without cash margin. With the issued LC, the trade deal between the buyer & the supplier concluded successfully.
A Thai trader who deals with buying and selling of steel sheets required Standby LC to import the steel sheets from an India exporter. They found BWT, as the trusted SBLC providers in Dubai; and then contacted us with their SBLC request.
We approved their request & asked them to pay the admin charges. Once they paid charges, we started work on their trade deal and issued the Standby LC from our bank account within 48 working hours.
A UAE Based company decided to purchase Jet Fuel JP54 Aviation Kerosene from a Russian Supplier. The seller was ready to supply 100K barrels, but they demanded the buyer to provide Letter of Comfort, before signing the contract.
The Buyer contacted us to avail BCL MT799 on behalf of their company. We analyzed and approved their request. And we worked with our bank to structure their BCL and provided the Letter of Comfort on behalf of the buyer via authenticated Swift MT799.
A Construction Supplies company in India received an offer to supply cement in 50kg bags to their client in Liberia, upon the assurance via Surety Bond. The seller didn’t want to miss the chance, so they contacted us with their request.
Once we approved the request, they paid the charges and signed the agreement. Instantly, we blocked our bank limit and start structuring the surety bond. And then, we instructed our bank to issue the surety bond on behalf of the supplier via Swift MT760.
A UAE trader had a requirement to purchase Fabric Weaving Machines from a German Supplier. To conclude this deal, they required Standby LC on behalf of their company. They started looking for SBLC providers in Dubai and found BWT from Google search results.
The Client visited our office with their SBLC request. We approved their request & they signed the agreement and paid the admin charges. We structured their SBLC deal with our bank and issued the Standby Letter of Credit to the supplier’s bank via Swift MT760.
A Spanish Contractor required Performance Guarantee in Construction to avail a lucrative construction project from a developer. Since their PG request was declined by the bank, they decided to get help from performance bond providers and contacted us with their request.
We studied & approved their request to issue the Bond on their behalf. They signed the agreement and paid the full charges. Then, we structured their deal and requested our bank to issue the Surety bond in favor of their developer via Swift MT760.
A German trader required SBLC MT760 to import raw leather from an Italian Supplier. But they don’t have cash margin and existing bank facilities to avail Standby LC on their behalf. So, they contacted BWT after reading Bronze Wing Trading Case Studies.
They submitted their request. We analyzed and approved their request. After receiving the SBLC issuance fee & other related documents, we started working on their request and issued the SBLC via authenticated Swift MT760 to the supplier’s bank.
An Indian trader was looking to import 3D Printing Supplies from China. For this, the supplier required SBLC MT760, so that they can do SBLC Discounting to get cash funds from their bank to mobilize the trade. The buyer agreed to their demand and contacted BWT, the SBLC Providers in Dubai to get SBLC on their company’s behalf & in their supplier’s favor.
We analyzed and approved their request. Upon the receipt of admin charges and issuance fee, we issued SBLC from our bank account to the supplier’s bank account via Swift MT760.
The construction company in China required BCL Bank in favor of their seller to prove their fiscal strength for purchasing heavy machineries. Since the company is the startup, the bank rejected their BCL MT799 request. So, they contacted us to avail Bank Comfort Letter.
Once we received the request from the buyer, we contacted them; to get more info about their trade deal. And then, we approved their request and issued the BCL MT799. This Letter of Comfort helped the buyer to conclude their deal.
A trader in Florida has a good network to sale heavy duty tires in Texas. They were having an offer at a reasonable price from their Chinese supplier. Also, the payment term was LC at Sight. But to open the LC, the buyer didn’t have enough cash to pay their bank to cover the cash margin.
So, the trader requested Bronze Wing Trading, the letter of credit providers in Dubai for assistance! Consequently, we have provided LC at sight to conclude their trade deal.
Dubai is a hub in the Middle East for selling gold. One of the traders from the UAE found a chance to buy raw gold from a Ghana supplier. But they were not having enough cash to pay their supplier. So, the seller agreed to supply gold dust against Standby LC.
The buyer needs to pay within 72 hours upon final assay report. They asked Bronze Wing Trading, the SBLC providers in Dubai to assist their deal. Finally, Gold was delivered to the buyer’s refinery.
An importer from Indonesia has a good demand for iron ore from their local buyers. Finally, they got a quote from a Brazil miner which was reasonable. But, the payment term was letter of credit.
So, they contacted Bronze Wing Trading, the letter of credit providers. And also, they signed a deal with BWT to arrange LC at Sight. As a result, BWT provided MT700 on behalf of the buyer and in favor of the supplier. And then, they shipped iron ore to the destination port.