A South Korean trader was offered a contract for the supply of crude oil in huge quantity. He came across with a well-reputed entrepreneur in the Kingdom of Saudi Arabia that was able to sell the crude oil in large quantity. Since the South Korean trader’s crude oil requirement was [...]
BWT’s Google Ads Helped a UK-Based Company to Acquire a Standby Letter of Credit (SBLC)
A UK trading company discovered a potential supplier in Russia and signed a contract with them for the supply of steam coal against a colossal deal. The Russian supplier asked for 30% advance payment, at the outset; but their available capital was insufficient to meet the down-payment requirements. Hence, the [...]
BWT’s Bank Comfort Letter Saves US-based firm’s Huge Sugar Deal
A US-based company was awarded a huge contract for the supply of sugar to their Ex-buyers in Africa. The company negotiated with a sugar supplier in Brazil and eventually settled on the price and other terms of contract. But unfortunately, the buyer did not have sufficient capital in their bank account to [...]
South African Trader Benefits from Performance Guarantee provided by BWT.
A company based in South Africa who is supplying urea internationally, got multiple contracts from different buyers to supply urea in Asia. As per international import & export terms & conditions, each buyer demands a Performance Guarantee from their suppliers after signing the contract. Surely, in this economic climate the [...]