SBLC MT760 – Standby Letter of Credit – SBLC Finance
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Case Study An Indian Trader Imported 3D Printing Consumables from China with SBLC MT760 Provided by Bronze Wing Trading Presented by www.importletterofcredit.com
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This PDF document published by Bronze Wing Trading L.L.C. shares their success on helping an Indian Trader to conclude their 3D Printing Consumable deal by issuing SBLC MT760 on their company’s behalf and in favor of their supplier. To read the full story, visit https://importletterofcredit.com/sblc-mt760/
To avail Standby LC from us, send us your requirements to: [email protected] or call us @ 0097145519699.
Transcript of SBLC MT760 – Standby Letter of Credit – SBLC Finance
Case Study
An Indian Trader Imported
3D Printing Consumables
from China with SBLC
MT760 Provided by
Bronze Wing Trading
Presented by
www.importletterofcredit.com
Story Overview
Bronze Wing Trading helped the Indian trader to conclude their 3D
Printing consumables deal by providing Standby Letter of Credit –
SBLC MT760 on behalf of the buyer & in favor of the Chinese Supplier.
Problem:
The Trader Required SBLC
MT760
Challenge:
To Find SBLC Providers
Solution: BWT Issued
SBLC MT60
Problem: The Trader
Required SBLC MT760
The Indian trader didn’t have the enough cash funds available to import 3D
Printing supplies, so they decided to choose a supplier who agrees to supply
the products based on the payment term “SBLC.
Accordingly, they chosen the supplier from China who required SBLC in such
a way that can be monetized from their end to get the cash funds needed to
arrange the required goods from the principal supplier.
Understanding the requirements of the supplier, the Indian trader started
working on the process to avail SBLC that can be discounted at the supplier’s
bank.
Challenge: To Find SBLC
Providers
The Indian trader contacted their bank and other private sectors. But all
declined their request by asking cash margin or security to issue MT760.
While searching for SBLC providers, they came across with an advertisement
in “Gulf Business” portal, that says – “Avail LC, SBLC, BG, & BCL for
Importers & Exporters”.
Instantly, they sent an email requesting SBLC with all the details of their 3D
printing supplies deal.
Solution: BWT Issued SBLC
MT760
Our team analyzed their requirement & approved the SBLC request. The
Client signed the service agreement & paid the admin charges to initiate the
work on their transaction.
We started structuring the SBLC draft in such a way that the supplier can do
SBLC discounting from their bank to get cash funds & sent the SBLC draft for
the client’s approval.
The Client approved the draft and paid the SBLC issuance fee charges.
Instantly, we contacted our bank with a request to issue the required SBLC to
the supplier’s bank via authenticated Swift MT760.
End Result: The Supplier Received
the SBLC within 48 Working Hours.
Once the supplier received the Standby LC from the buyer, they contacted
their Bank for SBLC discounting. Since the Supplier maintained a good track
record with their bank, the bank approved their SBLC discounting request &
provided the funds against the issued SBLC to mobilize their export.
The Supplier arranged Printing Supplies from the Principal Supplier &
shipped it to the Buyer’s Destination Port.
Deal Concluded Successfully!
Click Here to Read More
Avail Standby Letter of Credit From
Us!
Do you require Standby Letter of Credit – SBLC
MT760 to Conclude Your Global Trade
Transactions?
Contact Bronze Wing Trading L.L.C.!
Apply Standby LC – SBLC MT760
Contact SBLC Providers
00971-4-5519699
Office 3002, 30th Floor,
Aspect Tower,
Al-Sa'ada Street,
Business Bay, Dubai,
United Arab Emirates.
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