The exporter or the seller also obtains a credit line from the bank or a kind of packing credit against the letter of Credit. The idea is to mobilize their export so that the bank can collect all the advance funds upon the negotiation of the Letter of Credit with that of the importer’s bank.
Since, Bronze Wing Trading provides the letter of credit and ensures smooth financial transaction, exporters and importers are able to carry out hassle-free business dealings. Bronze Wing Trading caters irrevocable and transferrable letter of credit to ensure that there are smooth business dealings between the seller and the buyer. On each business transaction, the company also provides bank guarantee.
For more info please visit: www.importletterofcredit.com/