Letters of Credit
Documentary Letters of Credit – DLC MT700 is the most secure Banking Instrument available for buyers & sellers. LC assures the seller that the payment will be made; once the goods were shipped to the buyer’s designated port. Further, MT700 assures the buyer; that the payment will be released; only if the seller supplies the goods as stated in the issued LC. By this, both the seller & buyer can secure their deal! Get LC MT700 at ZERO Cash Margin!
Standby Letter of Credit
Standby LC – SBLC MT760 act as a safety net whereas a bank undertakes the commitment to pay the seller; in case, if the buyer defaults on the agreement, company closes or went bankruptcy. Standby Letter of Credit shows a sign of trust; also, proves the buyer’s repayment skills, while dealing with unknown trader. Further, by providing SBLC in favor of the seller, the buyer gets more time to pay their due payment. Get SBLC MT760 from European Banks!
Bank Guarantee
Called as a Letter of Guarantee. Bank Guarantee is issued by a bank via SWFIT MT760 to assure the payment commitment towards the counterparty. Since Bank Guarantees provide payment assurance for the supplied goods, so, it covers the risk factor of the sellers. Further, Guarantee Letter assists importers to do business with big companies that wouldn’t be possible without MT760. Notably, more traders are now concluding their deals / contracts without blocking your cash funds!
Performance Bond
Performance Bond also called as Performance Guarantee and Surety Bond. It’s an assurance given by a bank on behalf of its client to guarantee the satisfactory completion of a project or trade deal. Further, this bond acts as a security against the seller’s or contractor’s default. Also, under this Bond, if the contractor failed to perform as per the agreed term, then this surety bond will be claimed. Get Performance Bond Guarantee on your company’s worthy contracts.
Advance Payment Guarantee
Advance Payment Guarantee helps contractors/suppliers to get advance payments from project owners/buyers. Mostly, the developers and the buyers provide advance payments only, if they receive the Advance Payment Guarantee in their bank account. So, if the contractors fail to perform their work, then the developers have a right to claim their advance payment. Get Advance Payment Bond to acquire Advance Payment from your counter parties!
Bank Comfort Letter
Bank Comfort Letter – It’s a Bank Swift Message sent via MT799 to prove your financial strength. Before signing a new contract to buy bulk goods, the buyer needs to provide BCL MT799 to prove their fiscal ability and to avail POP from the seller. Further, this is a trend in the global market, especially in USA and Europe to avail lucrative commodity contracts. So, traders who have BCL Bank will win more business deals and rule the global trade market.
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Successful SBLC Issuance to Import S30 Sugar
See our recent success in assisting a Sudan buyer to import 25,000 MT of S30 Sugar from India using SBLC Payment Term. To support this import deal, we, the SBLC Providers in Dubai extended our own credit lines and provided Standby LC at ZERO cash margin within 2 banking days. With the issued SBLC, the Sugar import deal between the Sudan Buyer and the Indian seller concluded successfully!
LC at Sight Issuance to Import Bitumen
A Japan Trader imported high grades of Bitumen from a supplier in Dubai using LC at Sight, as their payment term. Since the client faced cash flow issues to open LC MT700 from their bank, we, the Letter of Credit Providers in Dubai supported their import deal by providing LC at Sight from our own European Bank Account at ZERO Collateral in just 2 days! With the issued LC, the deal concluded successfully!
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No Collateral! No Cash Margin! Fast Issuance!
Issued LC MT700 for a Dubai Buyer to Import Millberry Copper Wire Scrap
A Dubai-based company required Letter of Credit – LC MT700 for the tenure of 90 days to import Millberry Copper Wire Scrap from India. Then, we worked for our client’s LC deal by extending our bank support; also, issued the required LC MT700 on behalf of the Dubai trader and in favor of the Indian seller. Further, with the issued LC MT700, the client concluded their trade deal; by importing the required copper scrap from India.
Requirement:Letter of Credit – DLC MT700 |
Amount: USD 450,000 |
Validity: 90 Days |
Buyer From: Dubai |
Seller From: India |
Issued LC MT700 for a Dubai Buyer to Import Millberry Copper Wire Scrap
A Dubai-based company required Letter of Credit – LC MT700 for the tenure of 90 days to import Millberry Copper Wire Scrap from India. Then, we worked for our client’s LC deal by extending our bank support; also, issued the required LC MT700 on behalf of the Dubai trader and in favor of the Indian seller. Further, with the issued LC MT700, the client concluded their trade deal; by importing the required copper scrap from India.
Requirement:Letter of Credit – DLC MT700 |
Amount: USD 450,000 |
Validity: 90 Days |
Buyer From: Dubai |
Seller From: India |
Issued LC MT700 for a Dubai Buyer to Import Millberry Copper Wire Scrap
A Dubai-based company required Letter of Credit – LC MT700 for the tenure of 90 days to import Millberry Copper Wire Scrap from India. Then, we worked for our client’s LC deal by extending our bank support; also, issued the required LC MT700 on behalf of the Dubai trader and in favor of the Indian seller. Further, with the issued LC MT700, the client concluded their trade deal; by importing the required copper scrap from India.
Requirement:Letter of Credit – DLC MT700 |
Amount: USD 450,000 |
Validity: 90 Days |
Buyer From: Dubai |
Seller From: India |
Issued LC MT700 for a Dubai Buyer to Import Millberry Copper Wire Scrap
A Dubai-based company required Letter of Credit – LC MT700 for the tenure of 90 days to import Millberry Copper Wire Scrap from India. Then, we worked for our client’s LC deal by extending our bank support; also, issued the required LC MT700 on behalf of the Dubai trader and in favor of the Indian seller. Further, with the issued LC MT700, the client concluded their trade deal; by importing the required copper scrap from India.
Requirement:Letter of Credit – DLC MT700 |
Amount: USD 450,000 |
Validity: 90 Days |
Buyer From: Dubai |
Seller From: India |
Issued LC MT700 for a Dubai Buyer to Import Millberry Copper Wire Scrap
A Dubai-based company required Letter of Credit – LC MT700 for the tenure of 90 days to import Millberry Copper Wire Scrap from India. Then, we worked for our client’s LC deal by extending our bank support; also, issued the required LC MT700 on behalf of the Dubai trader and in favor of the Indian seller. Further, with the issued LC MT700, the client concluded their trade deal; by importing the required copper scrap from India.
Requirement:Letter of Credit – DLC MT700 |
Amount: USD 450,000 |
Validity: 90 Days |
Buyer From: Dubai |
Seller From: India |
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