19.06.2018 Views

Bank Guarantee-MT760

Bank Guarantee (MT760) as a financial instrument is issued on behalf of the buyer company to fulfill the financial obligation to the seller. BG can help in expanding the business activities of their client in domestic and international trade. It can give the possibility of purchasing of goods that the client wouldn’t be able to make. To get more details about BG MT760, visit our website: http://www.bwtradefinance.com/bank-guarantee-bg/ Procedure: 1. For the initial procedure, the client will submit the signed copy of pro forma invoice or SPA agreement to Bronze Wing Trading. 2. BWT will review the pro forma invoice and trade information given by the client. Based on the documents, BWT will update the client if their BG request is approved or rejected. 3. Once the BG request is approved, we will quote the issuance fee charges, admin charges and inform the further process. Upon receipt of admin charges, we will block our bank limit for the subject BG transaction and will start work on their transaction. 4. BWT will ask the client to provide some associated documents needed and they also will have to pay for the issuance fee charges of BG. 5. Upon receipt of issuance fee charges and received all required documents, we will instantly proceed on working on their BG transaction within 2 banking days

Bank Guarantee (MT760) as a financial instrument is issued on behalf of the buyer company to fulfill the financial obligation to the seller.

BG can help in expanding the business activities of their client in domestic and international trade. It can give the possibility of purchasing of goods that the client wouldn’t be able to make.

To get more details about BG MT760, visit our website: http://www.bwtradefinance.com/bank-guarantee-bg/

Procedure:

1. For the initial procedure, the client will submit the signed copy of pro forma invoice or SPA agreement to Bronze Wing Trading.
2. BWT will review the pro forma invoice and trade information given by the client. Based on the documents, BWT will update the client if their BG request is approved or rejected.
3. Once the BG request is approved, we will quote the issuance fee charges, admin charges and inform the further process. Upon receipt of admin charges, we will block our bank limit for the subject BG transaction and will start work on their transaction.
4. BWT will ask the client to provide some associated documents needed and they also will have to pay for the issuance fee charges of BG.
5. Upon receipt of issuance fee charges and received all required documents, we will instantly proceed on working on their BG transaction within 2 banking days

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<strong>Bank</strong> <strong>Guarantee</strong> Procedure<br />

4. BWT will ask the client to provide some associated<br />

documents needed and they also will have to pay for the<br />

issuance fee charges of BG.<br />

5. Upon receipt of issuance fee charges and received all<br />

required documents, we will instantly proceed on working on<br />

their BG transaction within 2 banking days.

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