Advantages of Using a Letter of Credit: Merchant Trade Guarantee Corporation Company Limited
Merchant_tradecorp12 Jun, 2021Business
MTG as a trade finance company offers value-added services to its clients viz. Letter Of Credit, Standby Letter Of Credit, Bank Guarantee, Performance Guarantee, Documentary Collection, and Proof Of Funds Documents. MTG promises the payment to your supplier by arranging to issue a trade finance letter of credit which gives the assurance to your supplier that he will be paid in compliance with the terms of the Letter of Credit.
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