Japan makes its presence in the Middle East as the largest importer of Bitumen High Grade. For which, they depend on Middle East Countries for their Bitumen imports. A Japanese...
There are many traders out there who don’t even review the Letter of credit Checklist in the issued LC until they submit it to the bank. Read this blog to...
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...
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...
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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