Confirmed LC – Letter of Credit Providers in Dubai

Nigerian Trader Started
Importing Medical
Gloves and Masks from
China with
Confirmed LC
Presented by
www.importletterofcredit.com
support@importletterofcredit.com

The Client Synopsis
▸
Understanding the market demand for PPE supplies, the Nigerian
Trader decided to import medical gloves and masks to supply it
to the local market.
▸
Bronze Wing Trading L.L.C., the Letter of Credit Providers in
Dubai helped the trader by providing Confirmed LC on behalf of
the Nigerian trader.

Problem Faced in Importing PPE Supplies
▸
The Buyer started searching for PPE supplies supplier and found
the one from China, who was ready to ship the products at the
best price.
▸
Since the buyer doesn’t have enough cash funds in their hand,
they decided to conclude the deal by providing Confirmed LC.

Challenge Faced in Availing Confirmed LC
▸
Since all banks have restricted their access to trade finance
facilities due to economy recession, the trader can’t able to avail
LC from their bank.
▸
Finally, they decided to get help from Letter of Credit Providers
and contacted us with their request.

Solution We Offered to the Nigerian Trader
▸
We studied their trade deal and approved to issue LC MT700. The
trader signed the agreement and paid the admin fee charges.
▸
We started the work on their transaction and sent the LC draft
for their review.
▸
The Client approved the draft and paid the LC issuance fee
charges. Then, we instructed our bank to issue the LC MT700 on
behalf of the buyer and in favor of their supplier.

Supplier Started PPE Supplies Shipment
Once the supplier received the LC MT700 in their favor, they started
shipping the PPE supplies to the buyer’s port.
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Bronze Wing Trading
Letter of Credit
Providers
Being the leading Letter of Credit
Providers in Dubai, Bronze Wing
Trading L.L.C. specializes in helping
importers to facilitate their trade
dealing by providing LC MT700 on their
behalf from rated banks.

Contact Bronze Wing Trading
L.L.C.
00971-4-5519699
support@importletterofcredit.com
Office 3002, 30th Floor,
Aspect Tower,
Al-Mustaqbal Street,
Business Bay, Dubai,
United Arab Emirates.