US Trader Signed a Gold Deal
By Availing
SBLC MT760
from Bronze Wing Trading
Presented by,
www.bwtradefinance.com
Success Story Overview
The demand for Gold seems to increase all over the world. Understanding the emerging
demand of Gold, a US trader decided to purchase Gold bars, as an effective way of
spreading their investments.
Bronze Wing Trading L.L.C. helped the US trader to conclude their Gold deal by providing
SBLC MT760 on behalf of their company from rated banks.
Problem Challenge Solution
Problem: USA Trader Required SBLC
MT760
Leading trader from USA decided to purchase Gold Bars as a part of spreading
their business. Since their cash funds are invested in other businesses, they
decided to conclude this deal by choosing “Standby LC – SBLC MT760” as a
payment term.
The USA trader started looking for ways to avail Standby LC on behalf of their
company.
Challenge: Find Trusted SBLC
Providers
The USA trader contacted their bank to avail SBLC MT760, but their request
was rejected by the bank, as they didn’t meet the banking terms.
The trader had a discussion with their financial advisor and business
colleagues to find a solution to avail SBLC.
One of their friends who already used the services of BWT referred us to the
trader. Instantly, the USA trader contacted us with their SBLC request.
Solution: BWT Issued SBLC MT760
Our team studied the client’s requirements & approved their request. We asked them to
pay the admin charges & sign the service agreement. Once they did this, we started
working on their SBLC transaction.
We structured their deal & sent the SBLC draft for their approval. Once we got the SBLC
draft approval, SBLC issuance fees & other related documents from the client, we
proceed with the next step by instructing our bank to issue the required SBLC from our
bank account.
Accordingly, our bank issued the SBLC from our bank account to the Gold Supplier’s
bank via authenticated Swift MT760.
End Result: Deal Concluded Successfully & the USA
Trader Started Importing Gold Bars
After receiving SBLC in their favor, the supplier did SBLC discounting from their
bank against the issued SBLC to purchase Gold bars from the principal supplier,
as per the requirement of the USA trader.
Finally, the Gold received at the refinery, as agreed in the contract.
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From Rated Banks
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Margin
00971-4-5519699
Office 3002, 30th Floor,
Aspect Tower,
Al-Sa'ada Street,
Business Bay, Dubai,
United Arab Emirates.