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Infographic: Letter of Credit vs Bank Guarantee

This infographic is published by Bronze Wing Trading, the trade finance providers in Dubai. Look at this infographic to know the difference between Letter of Credit & Bank Guarantee. Are you looking to get letter of credit or bank guarantee for your upcoming trade deal or contract, contact us today! And to read more on Letter of Credit vs Bank Guarantee, https://www.bwtradefinance.com/letter-of-credit-vs-bank-guarantee/<br><br>To get LC MT700 & SBLC MT760 from us, contact us today!<br>Email us: support@bwtradefinance.com <br>Call Us: 971-4-5519699<br>Call/WhatsApp/BOTIM: 971-50-4648761

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Infographic: Letter of Credit vs Bank Guarantee

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  1. Letter of Credit V E R S U S Bank Guarantee Letter of Credit gives assurance to the supplier that they will receive the payment, once the goods are shipped & the documents are submitted to the bank as stated in the issued LC. Bank Guarantee gives assurance to the supplier that the bank will liable to meet the payment commitment made by the buyer, in case of buyer's defaults in making the payment. Mostly used by traders in imports & exports. Preferred by both traders & contractors. For More Info, Visit: www.bwtradefinance.com Email Us: support@bwtradefinance.com Call/WhatsApp/BOTIM: +971-50-4648761

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