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Letter of Credit in International Trade Transaction Presented by, www.importletterofcredit.com

Letter of Credit – How to Open LC from Rated Banks

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Read this PDF document to know more on Letter of Credit Process and how LC at Sight helps importers to conclude their trade dealings without facing cash flow issues and trading risks. If you’re looking to get LC at Sight on behalf of your company for an upcoming trade deal, you can submit your DLC MT700 requirements to us! For More Info: Visit: https://importletterofcredit.com/letter-of-credit/ Email Us: [email protected] Call Us @ +971-4-5519699 Call/WhatsApp/BOTIM: +971-50-4648761

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Page 1: Letter of Credit – How to Open LC from Rated Banks

Letter of Credit in

International Trade

Transaction

Presented by,

www.importletterofcredit.com

Page 2: Letter of Credit – How to Open LC from Rated Banks

What is Letter of Credit?

• Letter of Credit is an written undertaking issued by a

bank on behalf of importers.

• This LC guarantees the seller that the buyer will make

the payment, once the terms mentioned in the LC are met.

• This is also called as – LC at Sight - Documentary Letter

of Credit – LC MT700 – DLC MT700

Page 3: Letter of Credit – How to Open LC from Rated Banks

How to Open LC MT700

• Submit Your LC requirements to us

• Our team will study and approve your LC request.

• After getting the service agreement signed and

service charges paid, we will structure your LC and

send the LC draft for your approval.

• Further, after draft approval and LC issuance fee

charges paid, we will issue the LC MT700 to your

supplier’s bank.

Page 4: Letter of Credit – How to Open LC from Rated Banks

Why We’re the Trusted Letter of Credit Providers in Dubai?

▸ We have 30+ Years of Experience in Trade

Finance Industry.

▸ Direct Accounts with European Banks.

▸ No Cash Margin or Collateral Required.

▸ Deal Conclusion in 48 hrs.

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Page 5: Letter of Credit – How to Open LC from Rated Banks

Our Recent Transactions in Issuing LC MT700

Case Study 1

Issued LC

Payment at Sight

on behalf of a

South African

Buyer to Import

IR 64 Raw Rice

from Pakistan.

Case Study 2

Facilitated 90

Days LC at Sight

on behalf of a

Dubai Buyer to

Import Soyabean

Animal Feed

from Brazil.

Case Study 3

Provided DLC at

Sight on behalf of

a Morocco

Trader to Import

Used Rail Scrap

from South

Africa.

Apply LC MT700 Now!

Page 6: Letter of Credit – How to Open LC from Rated Banks

6

Assisted More than 25,000 Clients

Globally!

Read our Happy Clients’ Reviews

Page 7: Letter of Credit – How to Open LC from Rated Banks

Email Id: [email protected]

Call Us: +971-4-5519699

Call/WhatsApp/BOTIM: +971-50-4648761

Visit: www.importletterofcredit.com

Contact Us Now!

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We're Here to Support You With All Your Letter of Credit Requirements!