DLC at Sight – LC MT700 – LC Payment
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Transcript of DLC at Sight – LC MT700 – LC Payment
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Case Study
Bronze Wing Trading Issued
DLC at Sight On Behalf of
Moroccan Trader to Import
Used Rail Scraps
Presented by,
www.importletterofcredit.com
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Our Success Story
Bronze Wing Trading L.L.C., the Letter of Credit Providers in
Dubai successfully facilitated DLC at Sight on behalf of a
Moroccan Trader to import Used Rail Scrap from South
Africa.
![Page 3: DLC at Sight – LC MT700 – LC Payment](https://reader035.fdocuments.in/reader035/viewer/2022080506/5f15ab6a589d0853834f2f06/html5/thumbnails/3.jpg)
The Client’s Requirement
The Moroccan trader required 10000MT of South African
Origin Used Rail Scrap to expand the product line in their
factory.
They found a supplier who was ready to supply the
required quantity of scrap under the payment term – DLC
at Sight.
So, the buyer required to avail DLC at Sight on behalf of
their company and in favor of their supplier.
![Page 4: DLC at Sight – LC MT700 – LC Payment](https://reader035.fdocuments.in/reader035/viewer/2022080506/5f15ab6a589d0853834f2f06/html5/thumbnails/4.jpg)
The Client’s Challenge
The Client contacted their bank with the LC request. But
the bank declined their request, as the client didn’t meet
the banking terms.
So, they started looking for trade finance providers who
can provide the required LC without cash margin.
Finally, they found us on Google and submitted their
request to us via our Online Form.
![Page 5: DLC at Sight – LC MT700 – LC Payment](https://reader035.fdocuments.in/reader035/viewer/2022080506/5f15ab6a589d0853834f2f06/html5/thumbnails/5.jpg)
Our Solution
Our team studied the Client’s requirement carefully & approved
their request.
After that, the client signed the service agreement and paid the
service charges. Then, we started working on their transaction
and sent the LC draft for their approval.
The Client approved the draft, paid the LC issuance fee charges,
and provided the documents related to their trade deal.
Finally, we instructed our bank to issue the DLC at Sight on
behalf of the buyer and in favor of the supplier from our bank
account.
![Page 6: DLC at Sight – LC MT700 – LC Payment](https://reader035.fdocuments.in/reader035/viewer/2022080506/5f15ab6a589d0853834f2f06/html5/thumbnails/6.jpg)
Deal Concluded With the Issued DLC at Sight
After receiving the DLC at Sight in their favor, the supplier
started the shipment of the required quantity of Used Rail
Scrap to the buyer’s destination port.
Read the Full Story
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Avail Letter of Credit
from Us
We, the Letter of Credit
Providers in Dubai provide LC
at Sight – LC MT700 on behalf
of importers from our rated
bank accounts.
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Watch Our Letter of Credit Video
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Contact Us Today
Call Us: +971-4-5519699
WhatsApp: +971-50-4648761
Write to Us:
Email: [email protected]
Visit: www.importletterofcredit.com
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