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Bronze Wing Trading L.L.C., the Performance Bond providers in Dubai helped an Indian trader to conclude their cement deal with a Liberian buyer by providing Surety Bond on behalf of their company. To read the full story, click https://importletterofcredit.com/surety-bond/ <br>Looking to avail Performance Guarantee to assure the positive completion of your project or trade deal? Contact us today! Send an email to: support@importletterofcredit.com or call 00971 4 5519699 <br>
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Indian Trader Concluded Their Cement Deal Successfully with Surety Bond Provided by Bronze Wing Trading L.L.C. Table of Content: Problem: The Client Required Surety Bond Challenge: How to Find Performance Bond Providers Solution: BWT Provided Surety Bond Result: Deal Concluded Successfully with Surety Bond Presented By www.importletterofcredit.com
Introduction An Indian trader who deals with real estate development and construction projects received a profitable trade deal to supply cements in 50kg bags to the Client in Liberia. But the buyer demanded Surety Bond to guarantee the performance of the supplier as per the signed contract. Bronze Wing Trading helped the Indian trader by providing Surety Bond on behalf of their company and in favor of the buyer. Problem: The Client Required Surety Bond To conclude the cement deal, the buyer asked the seller to provide them a 2% performance bond of the total contract value. Once the buyer received the performance bond from the supplier’s end, they need to issue a Letter of Credit in favor of the supplier to mobilize their trade. Since the trade deal seemed to be a valuable and profitable one, the supplier doesn’t want to miss this trade offer. So, they started to find a solution as how to avail Surety Bond on behalf of their company. Challenge: How to Find Performance Bond Providers The supplier contacted many banks, but nothing worked out. Almost all banks demanded – 100% cash margin of the performance bond and some had a lengthy process too. So, the supplier decided to get help from private trade finance providers. Luckily, they received a Newsletter from Bronze Wing Trading, the Performance Bond Providers in Dubai. By reading the Newsletter, the supplier came to know that BWT specialized in providing Performance Bond on behalf of suppliers/contractors and in favor of buyers/developers. The supplier visited our website and found our process to be very simple and easy to follow. They followed the process mentioned in the website and submitted their requirements online. Solution: BWT Provided Surety Bond The supplier submitted their trade finance requirements to us. We studied it very carefully and approved their request. Then, as we informed, the supplier paid the admin charges and signed the service agreement. We started working on their transaction and forwarded the Performance Bond draft to the client for their approval. Once we received the approval, issuance fee charges & the requested documents, we instructed our bank to issue the Performance Bond from our bank account. Accordingly, our bank issued the Surety Bond on behalf of the supplier to the buyer’s bank via authenticated Swift MT760. This is how we helped the Indian Trader to Conclude Their Deal Contact Us Now to Avail Surety Bond without Blocking Your Cash Funds Visit www.importletterofcredit.com