Letter of Credit at Sight – Get LC MT700 from Bank!
Are you looking to avail LC at Sight to import goods from overseas supplier? We are here to support you to open LC from rated banks without pledging cash margin! We are the leading providers of Letter of Credit on behalf of importers & exporters! Read this PDF to know our recent success on facilitating 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
Are you looking to avail LC at Sight to import goods from overseas supplier? We are here to support you to open LC from rated banks without pledging cash margin! We are the leading providers of Letter of Credit on behalf of importers & exporters! Read this PDF to know our recent success on facilitating 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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Import Electronic Goods
from China Using Letter of
Credit at Sight
Presented by,
www.importletterofcredit.com
Story Overview
Bronze Wing Trading facilitated Letter of Credit at Sight on behalf
of an Indian trader to import electronic goods from a Chinese
Supplier.
Problem: The Client Required Letter of Credit at
Sight
Challenge: Getting LC at Sight from their Bank
Solution: Our Process in Issuing LC at Sight
Problem: The Client Required Letter of Credit at Sight
▣ To meet the product line of the new mobile showroom, the client
decided to import best quality electronic goods from China at the
lowest price. Accordingly, they found a reliable supplier from
China.
▣ The buyer (client) discussed with the supplier regarding the
payment term and mutually agreed to use LC at Sight as a
payment term to import electronic goods.
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.
Solution: Our Process in Issuing LC at Sight c
▣ Once we receive the LC request from our client, we analyzed and
approved their request.
▣ The client paid the service charges & signed the service agreement.
Then, we worked with our bank to structure the LC and sent the LC
draft for their approval.
▣ The Client approved the LC draft and paid the LC issuance fee charges.
▣ After getting LC approval and LC issuance fees, we instructed our bank
to issue the LC to the supplier’s bank via SWIFT MT700.
Watch This Video to Know How to Open LC in 2 Days
Are You Looking to Get LC MT700 to Import Goods from
Overseas?
Get LC at Sight from European Banks
at ZERO Cash Margin!
Contact Us Now!
Email Id: support@importletterofcredit.com
Call Us: +971-4-5519699
Call/WhatsApp/BOTIM: +971-50-4648761
Visit: www.importletterofcredit.com
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