How to Apply for Bank Guarantee – MT760 from European Banks

Are you looking to avail MT760 Guarantees on behalf of your company? But don’t know how to get started? Watch this video to know more about – How to Apply for Bank Guarantee from European Banks?

Bank Guarantees are the written undertaking issued by banks to assure the counterparties that they will be liable to meet the payment terms; in case if the client fails to oblige with the terms as per the signed contract. Such MT760 Guarantees are usually used for the purchase of bulk goods, lease equipment, and heavy machinery, drawdown loans, and so on.  Also, availing BGs can help traders to secure loans; and conduct business dealings with suppliers; that couldn’t be possible without BG.

If you contact banks with a guarantee request, first they will do an analysis of your financial background and will ask for a certain percentage of the deal value as a cash margin. And then, they will proceed with your request only if you meet their marginal demands.

So, if you’re a business owner who didn’t want to block your working capital to get BG MT760, then contacting Bronze Wing Trading L.L.C., the Bank Guarantee Providers in Dubai would be the right choice for you!

How to Apply for Bank Guarantee

To avail MT760 Guarantees from European Banks, follow the simple process given below:-

1. First, as an applicant, you need to submit your BG requirements to us. We will study your application & if it obliges with our terms, then we will approve your request.
2. As the next step, we will ask you to sign the service agreement and to pay the service charges to start working on your request.
3. Further, by blocking our bank limit, we will structure the required guarantee and will send the draft copy for your review.
4. Further, once you provide your approval on the draft, we will ask you to pay the issuance fees to proceed with the issuance of BGs on your behalf.
5. After receiving the issuance fees, we will instantly forward your BG request to our bank and instruct them to issue the requested BGs. As per our request, they will issue the BG to your counter party’s account via SWIFT MT760.

By following these simple 5 Steps Process, you can get MT760 Guarantees on behalf of your company from European Banks!

Advantages of BG MT760

• Give small businesses the ability to assure the counter party that they have the ability to meet the financial commitment; that would otherwise seem beyond their limit without BG.
• Acts as proof to prove financial credibility backed by a bank.
• Reduce the fiscal risk involved in dealing with unknown dealers.

Apply for MT760 Guarantees Now and Get Ready to Avail Worthy Contracts and Trade Deals!