Letter of Credit – How to Open LC from Rated Banks
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Transcript of Letter of Credit – How to Open LC from Rated Banks
Letter of Credit in
International Trade
Transaction
Presented by,
www.importletterofcredit.com
What is Letter of Credit?
• Letter of Credit is an written undertaking issued by a
bank on behalf of importers.
• This LC guarantees the seller that the buyer will make
the payment, once the terms mentioned in the LC are met.
• This is also called as – LC at Sight - Documentary Letter
of Credit – LC MT700 – DLC MT700
How to Open LC MT700
• Submit Your LC requirements to us
• Our team will study and approve your LC request.
• After getting the service agreement signed and
service charges paid, we will structure your LC and
send the LC draft for your approval.
• Further, after draft approval and LC issuance fee
charges paid, we will issue the LC MT700 to your
supplier’s bank.
Why We’re the Trusted Letter of Credit Providers in Dubai?
▸ We have 30+ Years of Experience in Trade
Finance Industry.
▸ Direct Accounts with European Banks.
▸ No Cash Margin or Collateral Required.
▸ Deal Conclusion in 48 hrs.
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Our Recent Transactions in Issuing LC MT700
Case Study 1
Issued LC
Payment at Sight
on behalf of a
South African
Buyer to Import
IR 64 Raw Rice
from Pakistan.
Case Study 2
Facilitated 90
Days LC at Sight
on behalf of a
Dubai Buyer to
Import Soyabean
Animal Feed
from Brazil.
Case Study 3
Provided DLC at
Sight on behalf of
a Morocco
Trader to Import
Used Rail Scrap
from South
Africa.
Apply LC MT700 Now!
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Assisted More than 25,000 Clients
Globally!
Read our Happy Clients’ Reviews
Email Id: [email protected]
Call Us: +971-4-5519699
Call/WhatsApp/BOTIM: +971-50-4648761
Visit: www.importletterofcredit.com
Contact Us Now!
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We're Here to Support You With All Your Letter of Credit Requirements!