What is Letter of Credit and How to Apply? – Bronze Wing Trading LLC
                     Bronze Wing
Trading – Letter of
Credit Providers in
Dubai
Presented by 
www.bwtradefinance.co
m 
Avail Letter of Credit from Rated Banks
Often referred as LC or DLC, Letter of Credit is a guarantee, issued by a bank at their clients’
(buyer) request; in favor of the supplier. This Letter of Credit assures that the seller will receive
the payment in a specified currency within the certain time period, as agreed in the contract.
Due to the nature & risks involved in international  dealings,  the use of  Letter of Credit  has
become a major trait of international trade. Unfortunately, not everyone is able to get this type
of guarantee that they may need to keep their business growing, because of the demands &
securities of the bank. Usually, banks may demand cash margin, or third party assurance to
substantiate the issuance of LC.
Steps to Avail LC from Us
1.  The  client  submits  their  LC
request to BWT in terms of Sales
&  Purchase  Agreement  or
Proforma  Invoice  of  their  trade
deal.
2.  Our  team  at  BWT  analyzes
their  trade  deal  carefully  to
decide  whether  their  request  is
approved or not.
3. If approved, we will inform the
client  &  ask  them  to  pay  their
admin  charges  to  start  working
on their LC transaction.
4.  Once  we  received  the  admin
charges,  we  will  proceed  with  their  LC  transaction  &  send  the  LC  draft  for  their  review  &
approval.
5. The client verifies the LC draft & acknowledges their approval to us.
6. Once we receive the LC draft approval from the client, we will inform them to pay the LC
issuance fee & the needed documents to proceed further.
7. After receiving the documents & issuance fee from the client, we will request our bank to issue
the LC as per the approved draft. Our bank will open the Letter of Credit and will transmit via
authenticated Swift MT700 to the supplier’s bank account within 2 banking days.
Do you require Letter of Credit from Rated European Banks without pledging any cash margin?
Send us your requirements to: [email protected] or visit
https://www.bwtradefinance.com/letter-of-credit-lc/
Contact Bronze Wing Trading L.L.C.! 
Send us your requirements to: [email protected] or visit
https://www.bwtradefinance.com/letter-of-credit-lc/