Standby LC – SBLC MT760 – SBLC Providers
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Submit Your Requirements to us: [email protected] or visit https://importletterofcredit.com/standby-letter-of-credit Case Study: A Thailand Buyer Availed Standby LC to Conclude Their Steel Sheets Deal Presented by Bronze Wing Trading L.L.C. Presented by, www.importletterofcredit.com
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Bronze Wing Trading, the SBLC providers in Dubai facilitated SBLC MT760 on behalf of the buyer company to conclude their steel sheets deal with the Indian supplier. Read this document to see how we helped the Thailand trader in a prompt way to secure their trade deal. Visit the link to read the full story, https://importletterofcredit.com/bronze-wing-trading-provided-standby-lc
Looking to avail Standby Letter of Credit – SBLC MT760 to conclude your global trade transaction? Contact us today! Write to us: [email protected] or call us: 0097145519699
Transcript of Standby LC – SBLC MT760 – SBLC Providers
Submit Your Requirements to us: [email protected] or visit
https://importletterofcredit.com/standby-letter-of-credit
Case Study:
A Thailand Buyer Availed Standby LC to
Conclude Their Steel Sheets Deal
Presented by
Bronze Wing Trading L.L.C.
Presented by,
www.importletterofcredit.com
Submit Your Requirements to us: [email protected] or visit
https://importletterofcredit.com/standby-letter-of-credit
Introduction
Steel industry remains to the crucial part of global development, especially in Thailand, the
developing country. A Thailand buyer received a lucrative bulk deal to supply steel sheets to the
buyers in the local market. As the demand of steel was ever increasing, the buyer decided to import
more steel sheets from overseas. They started searching for steel sheets supplier and finally found
the supplier from India who can offer Steel Sheets at the best competitive prices. So, the buyer
decided to conclude the deal with the Indian Supplier.
Problem: Buyer Required SBLC MT760
The supplier was ready to supply the required commodity, but they required some advance amount
after signing the contract to secure their deal. Unfortunately, the buyer didn’t have enough cash
balance to give it as advance. So, they discussed with the supplier to make the payment term as
“Standby Letter of Credit” and they also agreed. So, as the next step, the buyer started searching for
SBLC Providers.
Challenge: How to Find Trusted SBLC Providers
As the buyer doesn’t had enough cash in their bank account, they were well aware of that it’s
impossible to avail SBLC from their bank. So, they searched for SBLC providers. They contacted
many private sectors, but nothing worked out; because some said “Not Eligible”, some asked
“Financial Collateral” and some asked “third party assurance”. So, the buyer felt helpless and they
didn’t know what to do the next.
The buyer informed their situation to the supplier & clarified why there was a delay in concluding
the deal. Instantly, the supplier referred Bronze Wing Trading, SBLC Providers in Dubai to the
buyer. As a ray of hope, the buyer felt very happy & they contacted us immediately with their SBLC
request.
Solution: How We Helped the Buyer with Their SBLC Request
Once our team received the SBLC request from the buyer, they instantly provided the response by
requesting more info about their trade deal and few more documents to verify whether they’re
eligible to proceed further or not. Since the buyer met all our T&Cs, we signed the service
agreement with the buyer & they paid the admin charges accordingly.
We started working on the transaction & structured their SBLC in a way that they required to
conclude their steel sheets deal. Then, we sent the SBLC draft for the client’s approval. As per our
Submit Your Requirements to us: [email protected] or visit
https://importletterofcredit.com/standby-letter-of-credit
request, the client approved the draft and paid SBLC issuance fee charges. Finally, we instruct our
bank to issue the required SBLC to the supplier’s bank via authenticated Swift MT760.
Result: The Supplier Received the SBLC MT760
After receiving Standby LC in their bank account, the supplier arranged the required goods &
started shipping Steel Sheets from India to Thailand. That’s the way, the deal concluded
successfully!
This is how Bronze Wing Trading Played an Active Role in Helping a Thailand Buyer to
conclude their Steel Sheets Deal!
Standby Letter of Credit – SBLC MT760
A Standby Letter of Credit is a written undertaking issued by a bank on behalf of its client. This
SBLC ensures that the payment will be done, even if their client cannot fulfill their commitment. It
is a payment of last resort issued from the bank, it declares that the bank will be liable for the
payment, if a client declares bankruptcy or cannot meet financial obligations.
If you contact the bank to avail SBLC, they may demand 100% cash margin or third party
assurance to proceed further. We understand that arranging 100% cash margin is definitely a
difficult task; that’s why, we are here for you!
Being SBLC providers, Bronze Wing Trading facilitates both local and international trade
transactions by providing SBLC MT760 on behalf of buyers and in favor of suppliers without
obtaining any cash margin.
Contact Details
Address: Office 3002, Aspect Tower, Business Bay, Dubai, UAE.
Visit Us: www.importletterofcredit.com
Email Us: [email protected]
Call Us: 00971-4-5519699
Contact Us Today To Avail SBLC MT760 from Rated Banks Without Cash
Margin!
To Apply Standby LC – Click Here
