03.02.2021 Views

Electronic Goods ILC PPT

Do you require LC at Sight to import goods from overseas supplier? Contact us today! We are the leading providers of Letter of Credit from European Banks! Do you want to know how we serve the LC needs of our clients? Read our recent success story to know how we served the Letter of Credit requirement of our client from India with their importation of electronic goods from China! Visit: https://importletterofcredit.com/letter-of-credit-at-sight/ Email Us: support@importletterofcredit.com Call Us: +971-4-5519699 Call/WhatsApp/BOTIM: +971-50-4648761

Do you require LC at Sight to import goods from overseas supplier? Contact us today! We are the leading providers of Letter of Credit from European Banks! Do you want to know how we serve the LC needs of our clients? Read our recent success story to know how we served the Letter of Credit requirement of our client from India with their importation of electronic goods from China!

Visit: https://importletterofcredit.com/letter-of-credit-at-sight/
Email Us: support@importletterofcredit.com
Call Us: +971-4-5519699
Call/WhatsApp/BOTIM: +971-50-4648761

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Challenge: Getting LC at Sight from their Bank

▣ Our client didn’t have any existing bank facilities, so they contacted

their bank to ask the procedure to open LC on their company’s behalf.

Since the trader had a good credit score, the bank said “Yes” to issue

LC under 100% cash margin.

▣ Since the client’s working capital has been tied with their running

business, they were unable to provide cash margin to their bank to

open LC.

▣ So, they decided to use some other option and searched for Letter of

Credit Providers. And found us via our Company Newsletter and

contacted us with their LC request.

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