Standby LC – SBLC (MT760) help US Trader to Grab Gold Deal

submitted 9 months ago, Monday, Jul 10, 2017, 23:41:34 by bronzewt in Finance
Standby LC – SBLC (MT760) help US Trader to Grab Gold Deal
A US buyer wanted to import Gold from Ghana but due to insufficient working capital they were unable to obtain a Standby LC from their local bank. They contacted BWT for help & we facilitated their Gold deal by providing Standby Letter of Credit (SBLC, MT760) in favor of their Ghana Seller.
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