A Turkish buyer required LC MT700 Swift to import Wet Salted Cow Hides from USA. Bronze Wing Trading, the Letter of Credit Providers helped the buyer by providing LC MT700...
Many countries are preparing to lift restrictions to protect its economy from the aftermaths of COVID -19. And this increases the demand for PPE supplies, especially gloves, masks, and thermal...
The world of global trade has been growing ever; i.e. because as more and more countries are doing import and export to fulfill their needs. Also, for this, traders make...
LC Payment at Sight, the payment term used in international trade finance to secure trade dealings from financial risks involved. Since it gives more assurance for payment, mostly preferred by...
Documentary Letters of Credit have been used for centuries to facilitate payment in global trade dealing. Mostly, LC Terms and Conditions governed by the ICC – UCP rules for Documentary...
Letter of Credit, a written undertaking issued by a bank, on behalf of its client, i.e. an importer or a buyer. This acts as a promise from a bank to...
LC MT700 and Standby LC are the most popular financial instruments used in international trade transactions. Even though, both LC MT700 and SBLC MT760 are used to ensure financial safety….
Millberry Copper comes with high thermal and electrical conductivity and also it can be recycled 100% without any quality loss. Mostly, this type of copper scraps is used in the...
Looking to avail Letter of Credit to facilitate your global trade? But, not sure, where to start? Also, don’t have an idea of what documents required for LC opening? Read...
There may be few similarities between the Letter of Credit vs Bank Guarantee. But actually both are individual trade finance facilities that serve a specific purpose to conclude a deal...
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