We can assist you in your trade deal by providing the Documentary Letter of Credit –
DLC MT700 on behalf of your company from European Banks to conclude imports and exports.
Follow the simple LC Issuance process to open LC MT700 at ZERO Cash Margin:
- The
client submits their LC or DLC request with the signed proforma invoice
or contract of their trade deal.
Also, they inform the amount and the
tenure of their required LC.
- We examine the trade details and inform the client about the approval or rejection of their LC request.
- Once
approved, we will send a service agreement to the client.
And also,
inform them about the service charges to begin their LC transaction. - Once
we signed the agreement and received the service charges, we will start
work on their transaction.
We will block our bank limit; then, we will
provide the MT700 draft for their review and approval.
- After
receiving the documents, draft approval, and LC issuance fee, we will
request our bank to issue the required MT700.
We assure you that it will
not take more than 2 banking days to conclude the deal.
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