how to avail confirmed lc – lc 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.

00971-4-5519699

support@importletterofcredit.com

Office 3002, 30th Floor,

Aspect Tower,

Al-Mustaqbal Street,

Business Bay, Dubai,

United Arab Emirates.

Contact Bronze Wing Trading L.L.C.