LC Video: Bronze Wing Trading’s Success on Helping a Japan Trader
What is a Letter of Credit? Letter of Credit is the written undertaking issued by a bank to ensure the supplier will receive the payment, only upon obliging all the terms and conditions stated in the issued DLC.
Since it gives assurance to buyers and sellers, LC at Sight is mostly used as a payment term in international trade transactions.
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LC Video on Bronze Wing Trading’s Success
A Japanese trader required LC MT700 to import LPG from Qatar. The bank declined their DLC request by asking for a cash margin. So, the trader decided to avail help from LC Providers in Dubai and contacted us with their request. Further, we facilitated LC MT700 on behalf of their company & in favor of their LPG supplier within 48 working hours. Finally, with the issued DLC MT700, the supplier shipped the LPG. And so, the deal concluded successfully!
That is to say that in this LC Video, we have shared this story to show our other clients how we are dedicated to serving our clients’ needs. Also, we have more than 3 decades of experience in helping clients with their Trade Finance needs. Moreover, we have facilitated bank instruments for more than 25,000 clients worldwide. Also, we would love to do the same for our upcoming clients.
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If you’re in need of a Letters of Credit – LC at Sight – DLC MT700 for your trade deal, contact us today!
Being Bank Instruments Providers in Dubai, we partner with world repute banks to provide the best LC Payment options to our clients. Furthermore, there is no cash margin or collateral required for availing LCs from us!
Benefits of Availing DLC MT700
- Expand your business internationally without the worry of fiscal risks
- Acts as both payment & performance assurance
- No need to provide advance payments to the supplier, so no need to tie up your cash funds in one deal
- Also, it acts as a trust bridge between buyers and sellers
Follow the Simple 5 Step LC Issuance Process – Click Here!
How to Open LC MT700?
Have you decided to use DLC MT700 as your payment term for your upcoming trade deal? Contact us today! We are the trusted Partner of International Trade Finance who supports traders by providing LC at Sight from good repute banks. To start work with your LC transaction, please feel free to contact us today!
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