Letter of Comfort – Bank Comfort letter – BCL MT799

1. Case Study US Firm Availed Bank Comfort Letter BCL MT799 to Prove Their Financial Status to their Brazilian Supplier Presented by www.bwtradefinance.com

2. Client’s Requirement The Client is the leading US Firm who specializes in supplying bulk quantity of Sugar to global buyers. They got an offer to supply huge quantity of Sugar to the end buyers in Africa. To conclude this deal, the US firm required Bank Comfort Letter to show their financial strength to purchase Sugar from the principal supplier in Brazil. Problem – The US Firm Required BCL MT799 The US firm had a requirement to purchase bulk quantity of Sugar from a Brazilian supplier to supply it to their end buyers. The supplier agreed to export sugar as per the demand of the US trader, but they required Bank Comfort Letter – BCL MT799 to verify whether the buyer has the enough funds to purchase the commodities as per the FCPO. Since the US trader didn’t want to miss the golden opportunity of earning more profits, they agreed to the supplier’s demand & contacted their bank with their BCL request. Challenge – To Avail BCL MT799 from Private Sectors The US buyer contacted their bank to avail Bank Comfort Letter on behalf of their company. Since the company’s capital was spread out over other businesses, they didn’t have the enough cash funds in their bank account. And also, they have utilized all their banking facilities for their existing business. So, as obvious, their bank declined the BCL request. The buyer left with no idea on what to do the next to avail BCL MT799. As a spark in mind, they decided to contact private sectors to avail BCL MT799. And finally, they found Bronze Wing Trading L.L.C., via YouTube Channel and contacted us immediately with their BCL request. Solution - Scope of Our Work The US buyer submitted the copy of FCPO of their Sugar deal & also forwarded all the legal documents related to their sugar deal. Our team analyzed their request & studied their requirement meticulously. We approved their request & asked them to sign the service agreement & pay the admin charges. Accordingly, our client signed the agreement and paid the charges. Our bank structured the BCL as per the Client’s requirement & sent it to us for getting the Client’s approval. The client verified & approved the BCL draft & paid the BCL issuance fee charges. After the receipt of BCL draft approval, we requested our bank to notify the supplier by sending the Letter of Comfort notification via authenticated Swift MT799. Final Result: After receiving the Letter of Comfort Notification, the Supplier Affirmed that the Buyer Have the Enough Cash Funds to Procure Huge Quantity of Sugar. And the Deal Concluded Successfully. To Avail Bank Comfort Letter on Behalf of Your Company, Contact Us Now! Submit Your Requirements to us: support@bwtradefinance.com Visit https://bwtradefinance.com