Trade Finance Providers – DLC MT700 – SBLC MT760 – BG MT760

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Bronze Wing Trading L.L.C., the trade finance provider in Dubai facilitates financial instruments for traders and contractors to accommodate their business needs. Visit: www.bwtradefinance.com   We have successfully concluded more than 25,000 Deals with clients globally! We are specialized in providing the below financial instruments:  Letter of Credit – DLC MT700 Standby Letter of Credit – SBLC MT760 Bank Guarantee – BG MT760 Performance Bond  Bid Bond – Tender Guarantee  Advance Payment Guarantee  Bank Comfort Letter  Why Choose Bronze Wing Trading, as Your Trade Finance Provider?   We have extensive knowledge on trade finance market and an excellent relationship with top rated banks. We are maintaining an online presence to connect traders and to bridge the trade corridor between two corners of the world. Our trade finance experts are always available to provide you an on hand support and guidance.  Our trade finance services will assist you with expanding your business overseas a
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How I can get Letter Of Credit ?

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Commonly called as - Letters of Credit, LC MT700, LC at Sight, Letter of Credit is one of the most secure & popular trade finance instrument available to secure global trade from financial risks. This Letter of Credit is a written undertaking issued by a bank on behalf of its client upon their request. Parties involved in Letter of Credit are – The Buyer, the Bank and the Supplier (i.e. Beneficiary). It is issued on behalf of the buyer and in favor of the supplier to assure the supplier that the buyer will make the payment within the certain time period. It also assures that in case, if the buyer didn’t make the payment to the supplier, as per the signed contract, then the bank will be liable to meet the financial obligations. For this, the seller has to submit the documents to the bank as stated in the issued LC. The bank verifies the documents and if it’s correct, then it will release the payment to the seller.

Key Points of Letter of Credit

  •         Provides payment assurance to the seller
  •         Assures buyers that they will receive the shipment, as per the agreed contract
  •         Secure global trade and eliminates payment risks
  •         Builds trust bridge between buyers & sellers 

How I Can Get Letter Of Credit?

To avail Letter of Credit on behalf of your company, you can approach your bank directly. To issue the same, your bank may demand you to maintain certain percentage of cash margin with the bank.  It would be difficult for importers whose working capitals are spread in other core businesses & also for those, who already utilized their bank facilities.

To help them out from such hard-win situation, there are many trade finance companies out there. But almost all requires – More paperwork, longer approval period & so on. But unlike other trade finance providers & conventional banking, Bronze Wing Trading, LC Providers in Dubai assist traders by providing DLC at Sight without availing any financial collateral.

Facing lack of cash funds to provide as cash margin? Your bank turned down your LC request? Contact Bronze Wing Trading, Letter of Credit Providers in Dubai today! We will guide you throughout the process to avail LC from rated banks.

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