Confirmed LC – LC Providers – LC MT700 – Bronze Wing Trading 
                     Case Study: 
Bronze Wing Trading Issued 
PerforCmansce G uSartauntdeey in:  
Construction on Behalf of a 
Bronze Wing Trading Provided
Spanish Contractor
Confirmed LC to a Nigerian Trader
Presented by, 
www.importletterofcredit.
com
Story Overview
Bronze Wing Trading L.L.C., Letter of Credit Providers in Dubai helped a Nigerian trader to import
PPE supplies from China by providing Confirmed LC. 
Problem: Nigerian Trader Required Confirmed LC
Understanding the global demand of PPE supplies in the market, a Nigerian trader decided to
purchase PPE supplies to supply it to the local market and earn more benefits. For that, they
started searching for a supplier and finally chosen the reliable supplier from China. The Chinese
supplier was ready to start the shipment of the supplier as per the agreed contract.  But the
buyer didn’t have enough cash funds in their hand for concluding the trade transaction. So, they
discussed  with  the  supplier  and  they  both  mutually  agreed  to  conclude  the  deal  by  using
Confirmed LC. 
Challenge:  To Avail LC MT700 from Trade Finance Providers 
The  Nigerian  trader  contacted  their  bank  to  avail  LC  MT700  on  their  behalf.  But  the  bank
declined their request, as they didn’t meet the demands outlined by the bank. So, they decided
to avail  Letter of Credit from private financial institution and starting searching online. While
searching for Letter of Credit Providers on Google, they came across with our LinkedIn Profile and
contacted us with their LC request. 
Solution: BWT Issued LC MT700 without Cash Margin
Once we received the request from their end, we analyzed their request carefully to find whether
they met all our parameters or not. Since they fallen into our criteria, we approved their request
and asked them to pay the admin charges and to sign the service agreement. After that, we
structured their LC transaction as per the trade deal and sent the LC draft for their review and
approval.  The buyer approved the draft and provided the LC issuance fee charges and other
documents  related  to  their  trade  deal.  After  receiving  all  the  details  from  the  buyer,  we
instructed our bank to issue the Letter of Credit from our bank account on behalf of the buyer. As
per our request, the bank transmitted the required LC to the developer’s bank account via SWIFT
MT700.
Final Outcome:
The Nigerian Buyer Received the LC MT700 in Favor of the Chinese Supplier
And the Deal Concluded Successfully!
Read the Full Story 
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