In this LC video, Import Letter of Credit, the Letters of Credit providers in Dubai shared their success on providing DLC MT700 on behalf of a Japan trader.
What is a Letter of Credit?
Letters of Credit, the written undertaking issued by a bank ensures that the supplier will receive the payment; only upon obliging all the terms and conditions stated in the issued DLC.
LC Video on Bronze Wing Trading’s Success
A Japan 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 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 & 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 & we love to do the same for our upcoming clients.
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, we partner with world repute banks to provide the best LC payment options to our clients. 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
So, have you decided to use a DLC MT700 as a payment term for your next trade deal? Apply LC MT700 now! Submit your LC requirements online to get started with your LC transaction.
Secure Your Trade Transactions With Letters of Credit