Letter of Credit – LC MT700 – Letter of Credit Providers

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Letter of Credit (LC MT 700) For Importers & Exporters Bronze Wing Trading L.L.C. www.bwtradefinance.com support@bwtradefinance.com

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The power point presentation presented by Bronze Wing Trading L.L.C., the Letter of Credit Providers in Dubai talks about – What is Letter of Credit, Steps to Avail Letter of Credit, and Letter of Credit Benefits. To know more about Letter of Credit, Watch these slides! Do you require Letter of Credit to conclude your imports? Contact us today! We can help you by providing Letter of Credit MT700 on behalf of your company that allows you to conclude your trade deal in a safe and secure way! Submit your requirement online! Write to us: [email protected] or visit https://www.bwtradefinance.com/letter-of-credit-lc/

Transcript of Letter of Credit – LC MT700 – Letter of Credit Providers

Page 1: Letter of Credit – LC MT700 – Letter of Credit Providers

Letter of Credit (LC MT 700)For Importers & Exporters

Bronze Wing Trading L.L.C.

www.bwtradefinance.com

[email protected]

Page 2: Letter of Credit – LC MT700 – Letter of Credit Providers

• Letter of Credit Information• Letter of Credit – How to

Apply• Letter of Credit Process• Letter of Credit Video

Table of Contents

Mitigate the Risks Involved in International & Domestic Trade Transactions With Letter of Credit

MT700

Page 3: Letter of Credit – LC MT700 – Letter of Credit Providers

Letter of Credit, also known as MT700 or import LC. This MT700 received by the seller’s bank (beneficiary) from the buyer’s bank that states the payment undertaking, once the supplier comply with all the terms and conditions mentioned in the Letter of Credit.

It gives guarantee to the seller that the buyer will pay for the supplied goods at Sight.

With this Letter of Credit, not only the exporter can get benefits but also the importer can receive the goods successfully.

For more information, you can visit our website: https://www.bwtradefinance.com/letter-of-credit-lc/

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Letter of Credit Information

Page 4: Letter of Credit – LC MT700 – Letter of Credit Providers

1. The Client submits their trade finance requirements in terms of pro forma invoice or SPA.

2. Our team analyzes the trade deal and let them know our approval on their LC request.

3. Once approved, we will sign the service agreement with the client. And also, we will inform them about the admin charges to start work on the LC transaction.

4. Upon the receipt of admin charges, we will send the LC draft for the client’s review. Once the LC draft is approved, they need to pay the LC issuance fee charges & provide the requested documents.

5. Once we receive the issuance fee & the documents required, we instruct our bank to issue the LC to the supplier’s bank via authenticated Swift MT700.

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Letter of Credit Process

Page 7: Letter of Credit – LC MT700 – Letter of Credit Providers

Bronze Wing Trading, the direct & trusted letter of credit providers help traders who are in need of trade finance assistance by offering Letter of Credit from rated European Banks.

We provide Letter of Credit on behalf of the clients and in favor of their suppliers. By Choosing Us, You’ll Get:-

Competitive Rates Global ReachNo Collateral Required Deal Close within 48HRS*

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Contact Bronze Wing Trading – Letter of Credit Providers