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BCL Bank – Letter of Comfort – Trade Finance

This presentation is published by Bronze Wing Trading L.L.C., the trade finance providers in Dubai. Here we have shared one of our recent success stories on helping a Libyan trader to prove the financial status of their company by providing MT799 from our bank account. To read the full story, visit https://www.bwtradefinance.com/bcl-bank <br>To avail Bank Comfort Letter on behalf of your company, contact us today! Submit your requirements online or write to us: support@bwtradefinance.com <br>

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BCL Bank – Letter of Comfort – Trade Finance

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  1. Case Study How Bronze Wing Trading Facilitated BCL Bank – MT799 to a Libyan Trader Presented by www.bwtradefinance.com

  2. Introduction: The Story Synopsis Bronze Wing Trading L.L.C. facilitated Bank Comfort Letter – BCL MT799 on behalf of a Libyan trader to prove their financial capability to purchase drilling rigs from a US exporter. • Problem: The Libyan Trader Required BCL Bank 01 02 Challenge: Avail BCL from Trade Finance Providers Solution: BWT Issued BCL MT799 03

  3. Problem: The Trader Required BCL Bank A Oil and Gas Company in Libya decided to maximize their production processto meet the emerging oil demands. They decided to purchase drilling oil rigs to expand their business and started searching for rig exporters and chosen the reliable supplier from USA. The supplier is ready to supply the required machineries, but they required Bank Comfort Letter from the buyer to verify their financial eligibility to procure the material.

  4. Challenge: Avail BCL from Trade Finance Providers The Libyan trader started looking for the ways to avail BCL MT799 on behalf of their company. Since they were facing few financial constraints, the bank declined their request. And, when they approached the private lenders, almost all asked for cash margin to issue the BCL. By luck, the trader found BWT via an Advertisement posted by us & contacted us with their BCL request.

  5. Solution: BWT Issued BCL MT799 Our team carefully analyzed their pro-forma invoice & approved their request. The client signed the service agreement with us & paid the admin chargesto initiate the BCL transaction. Then, with our bank, we structured their BCL transaction & sent the BCL draft for the Client’s approval. After receiving the draft approval, documents & BCL issuance fee, we instructed our bank to issue the BCL to the supplier’s bank via authenticated Swift MT799. For More Info, Click Here

  6. Final Outcome: The Supplier & The Buyer Signed the Drilling Rig Deal Contract With the issuance of BCL, the buyer affirmed the supplier that they have the enough funds or credit lines to purchase the machineries as per the contract. Finally, the supplier & the buyer signed the contract & the deal proceed to the next step successfully! This is How the Libyan Trader Proved Their Financial Worth to Their Supplier to Purchase Drilling Rigs! Read the Full Story – Click Here

  7. Avail Bank Comfort Letter from Us To Prove Your Financial Worth Contact Bronze Wing Trading L.L.C. to avail Bank Comfort Letter on behalf of your company without blocking your working capital. This Letter of Comfort proves your financial capability to enter into the global trade market! Apply For Bank Comfort Letter

  8. Contact Bronze Wing Trading L.L.C. • We Can Provide Complete Solution for All Your Trade Finance Needs! 00971-4-5519699 support@bwtradefinance.com Office 3002, 30th Floor, Aspect Tower, Al-Sa'ada Street,  Business Bay, Dubai, UAE. For All Your Queries, Visit https://www.bwtradefinance.com

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