Commodities|FAQs|Videos|Case Studies
Commodities|FAQs|Videos|Case Studies

BWT Join Hands with a Malaysian Client for an LC Transaction

Bronze Wing Trading has entered into the final stage of issuing a Letters of Credit of 90 Days tenure for a Malaysian Buyer; to import Premium Quality Dates from Saudi Arabia.

The Buyer from Malaysia required a Letters of Credit – LC MT700 for their purchase of Premium Ajwa Dates from a KSA Supplier. So, they approached us with their LC request. Further, our CEO, Mr. Muhammad Ismail had a virtual meeting with the buyer via ZOOM to get more details about their dates deal; also, helped them to structure their deal in a successful manner.

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After a discussion with our CEO, the buyer felt satisfied. So they signed the service agreement and paid the service charges. Instantly, we blocked our bank limit; and started structuring their deal with our bank.

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The Malaysian buyer stated, “Bronze Wing is really doing a great job in issuing LC MT700 without blocking our funds. Also, as a trader, it’s probably impossible to have millions sitting in our bank account. For those who don’t have enough cash to conclude their transactions; or, for those who have exhausted their bank facilities, Bronze Wing is the real helping hand. Moreover, we are really grateful for BWT & their professional team.”

One of the trade finance expert from BWT said, “Our trade finance team has started working on this LC transaction. Also, we are expecting to close this deal within a day. Moreover, as we are having our own bank facilities; we assure the business community; that we can able to support them promptly with their trade finance requirements. Also, our Trade Finance facilities can enhance our clients’ cash flow; also, can help them to conclude more deals without tying up their capital in a single deal.”

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Further, if you have a valid proforma invoice or a purchase order; then, you can forward to us its signed copy for our review. So that, we can study your transaction. And then, we can provide you with a suitable proposal from our rated banks which can be fit for your business needs.

For more info to avail a Letter of Credit, you can contact us via Online Form or send us an email.

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