Bronze Wing Trading Blogs

A tender Bond is the written undertaking by a bank to protect the developer or buyer in a bidding process. This is used as a security against the risks of the successful bidder if fails to enter into the contract. So, what is tender bond in construction? Let us discuss it in detail! Is your developer/project owner floating a bid for the construction of a high-rise building? Are you going to participate in a bidding process? Increase your chance of winning the bid by submitting your tender along with Bid Bonds – Tender Bond/Guarantee. In the construction industry, Tender Bonds […]

Have you just entered the world of import and export? Looking for the right resources to know – What is Standby LC & its process flow? Read on to understand the Standby Letter of Credit Process Flow and know how you can use SBLC MT760 to create trust between you and your seller. What is a Standby Letter of Credit? Standby Letters of Credit or SBLC MT760 is the written undertaking issued by a bank where it guarantees the payment of a specific amount of money to a seller, in case of buyer’s default in complying with the payment terms. […]

While doing overseas business, the question that strikes our mind is – Is our payment safe? Can we trust the buyer and the seller? Would we receive the goods on time? But, with the help of Commodity Trade Finance, we can rest assured that the supplier will deliver the products, as per the signed contract; also, the buyer will make the payment for the supplied goods. So, what is Trade Finance? Trade Finance covers a wide range of financial instruments used by importers and exporters to support their local and global business transactions. The function of trade finance is to […]

Are you planning to import goods from overseas sellers? Is your seller asking for proof of funds from you to verify that you are financially stable to purchase the required goods from them? Are you planning to import goods and expand your deal without blocking your cash funds? Then you can make use of SWIFT MT799! With Comfort Letter from Bank, we can show your client that you’re financially stable & you have the required funds to import goods as per the agreed contract. What is a Bank Comfort Letter? Bank Comfort Letters is an assurance issued by a bank […]

Bronze Wing Trading is rated as the trusted & genuine trade finance company in Dubai with 30+ years of experience and more than 25,000 successful clients, globally. As a trader, you need to choose the right provider who supports you with your deals in terms of financing. In today’s economy, trade finances play a major role by enhancing global and local import & export deals. Nowadays, many traders are interested in taking the benefits of financial support to conclude their deals on time. But, they don’t know where to turn when looking for the right trade finance company. Read this […]

Are you looking for the best solution to take your business to the next level in 2021? Then, making use of Financial Instruments will be the right choice for you! A recent study by WTO states that nearly 80-90% of the world depends on Trade Finance for their businesses. Also, it has been predicted that this ratio will get the increase by this year; as many banks are under recession and they were unable to help their clients with their Trade Finance needs. In this blog, we have explained the role of Bronze Wing Trading in providing the best solution […]