usance lc – dlc mt700 – lc providers in dubai
Post on 20-Jul-2020
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Case Study: Bronze Wing Trading
Issued Usance LC to Import Thermal
Cameras from Dubai
Presented by,
www.bwtradefinance.com
Story Overview
An Indian trader from Dubai contacted Bronze Wing Trading to avail Usance LC on behalf
of their company to import thermal cameras from Dubai. We, the Letter of Credit Providers
in Dubai facilitated the Usance LC from our rated bank account within 48 working hours.
The Client Required Usance LC
The Client had an urgent requirement to purchase Thermal Cameras kits from Dubai to
supply it to the local market to earn handsome profit. They searched for the reliable
supplier and found the one from Dubai. The Client negotiated with the Supplier and made
them agreed to proceed the deal using Usance LC, as the payment term. So, to proceed
further, the Client started looking for ways to avail LC on their company’s behalf.
The Client Found BWT
Since the Client was unable to avail the LC from their bank, they decided to get the
required LC from private trade finance providers. But nothing worked out. By
understanding the situation of the Client, the Supplier recommended them to contact
Bronze Wing Trading, the Letter of Credit Providers in Dubai. The Client visited our website
and found that we can help them by providing the required LC. So, they submitted their
request to us via email.
The Client Received the Solution from Us
We, Bronze Wing Trading done due diligence on their trade deal and approved their request
to issue the Usance LC on their behalf. The Client signed the service agreement and paid
the service charges. We started work on their transaction and structured the LC, as per
their trade deal and sent the Usance LC draft for their approval. The Client approved the
draft and paid the LC issuance fee charges. And then, we instructed our bank to issue the
Usance LC to the supplier’s bank account via Swift MT700.
With the Issued Usance LC, the Deal Between the Indian Buyer and the UAE Supplier
Concluded Successfully!
Read The Full Story – Click Here!
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