Among all other agro foods, Sugar is the most profitable and widely traded global commodity. Doing global trade deals can be risky for sugar traders, as they deal with buyers...
A lot of traders & contractors are struggling to achieve good financial stability to sign new contracts & trade deals. Here we are going to discuss – What is Bank...
The COVID-19 outbreak has created a huge impact on SMEs all over the world. The impact of COVID19 mainly seen in the US and other European Countries where clients demand...
What is Advance Payment Guarantee Letter? This is to say, it is a written undertaking issued by a bank as a kind of assurance. Further, read this blog to see...
The Client from Sudan is the local supplier of Refined Cane Sugar in grades L30, S30, and ICUMSA 45. Also, they used to buy sugar from wholesale stockists and then...
A Contractor reached out to us to avail Letter of Guarantee to submit a tender for a new office building project. Firstly, we, the Bank Guarantee providers in Dubai listened...
Bank Guarantee vs Surety Bond are used to protect the parties involved in the supply of goods or projects. Further, these MT760s assure if any default occurs; and then, the...
The world of global trade has been growing ever; i.e. because as more and more traders are doing import and export to fulfill their needs. Also, for this, traders make...
After the recession in the economy, the leading automobile dealer in China has planned to expand its car sales business to make more profit out of it. Hence, they decided...
MT799 Vs MT760 – MT799 used as a certification to prove the financial capability. Further, MT760 acts as a guarantee of the payment upon the fulfillment of certain T&Cs. In...