Smooth Cross-Border Deal
How a Spare Parts Import
Was Completed Seamlessly with a USD 250K Usance LC
When a client’s bank couldn’t process their 120-day Usance LC fast enough, our team stepped in to structure and deliver the instrument, keeping the deal on track.
$250,000
Seamless
120-day
Fast turnaround
Client Profile
A trading company needed to complete an urgent import of spare parts from a supplier in China. Timing and trust were critical to keeping the deal on track.
The Challenge
Core Problem
The supplier required a 120-day Usance Letter of Credit (LC) before dispatching the shipment, a condition the buyer had to meet quickly to keep the deal on track. The client’s regular bank could not process the LC fast enough, and the delay threatened to stall the entire transaction.
What Was at Stake
Risk of losing the supplier relationship
Delayed shipment affecting downstream commitments
Potential deal collapse
Inability to scale operations
The Solution
That’s when our team stepped in.
Our Approach
Leveraging its global network of partner banks, Express Trade Finance structured and facilitated the USD 250,000 Usance LC swiftly.
The ETF team coordinated directly with the supplier’s requirements, ensuring the LC terms—including the 120-day tenor and documentation—matched the agreed payment conditions precisely.
The Results
Express Trade Finance simplified the cross-border transaction by providing fast, reliable facilitation of the Usance LC through its worldwide banking network.
The client was able to complete the import, meet their commitments, and maintain a strong relationship with their Chinese supplier—all because ETF could deliver where traditional banking couldn’t.
120-day payment term structured exactly as required
Enhanced efficiency and trust in international trade operations
Deal completed without disruption
Supplier relationship strengthened
Struggling with Slow LC Processing?
When your regular bank can’t meet your timeline, Express Trade Finance steps in with fast, reliable LC facilitation through our global banking network.