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Merchant Credit and Guarantee Corporation Limited

Merchant Credit and Guarantee Corporation Limited

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Merchant Credit and Guarantee Corporation Limited

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  1. ➢ Looking for the best Trade Finance Solutions And Services? We got you. Merchant Credit and Guarantee Corporation Limited (MCG), one of the most reputed online financial advisory services has the best to offer. ➢ Visit https://merchantcreditcorp.co/ and get the best- in-class Trade Finance Solutions and Services. 1 https://merchantcreditcorp.co/

  2. ➢ Proof of Funds (POF) is a document certifying that an importer or an organization is financially capable to carry out a transaction. A POF is mostly issued by commercial banks assuring the exporter that the importer has sufficient transaction. funds to complete the ➢ Proof of funds is most commonly available in the form of a bank, security, or custody statement. The reason why the Proof of Funds Documents is necessary is to ensure that the funds are accessible and legitimate. 2 https://merchantcreditcorp.co/

  3. ➢ A Commercial Letter of Credit is majorly used in international trade where the issuing bank provides the exporter with a monetary guarantee. A LC/DLC is issued by the issuing bank to the advising bank. Once the LC/DLC is verified by the advising, it is then shared with the exporter. This letter assures the exporter that he will be paid as per the agreed terms and conditions once he shares documents like lading documents. 3 https://merchantcreditcorp.co/

  4. Address: 32 Maranui Ave, EPSOM, Auckland 1051, New Zealand Phone: +64 9 5244269 Email: info@merchantcreditcorp.co 4 https://merchantcreditcorp.co/

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