Trade Finance
When dealing in the purchase of oil and energy products, we appreciate the need for professionalism, discretion and velocity. That is why we offer our clients a fast and effective solution for the raising of Letters of Credit, Bank Guarantees and Proof of Funds in order to facilitate high value trades in the commodities markets.
Trade Finance Overview
Working closely with our partners and some of the largest banks, we are able to arrange trade finance facilities that meet your requirements and the demands of your suppliers. If you are about to enter a Sales and Purchase agreement and require financing for the transaction, please contact us.
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Providing our clients with the partners that have the financial abilities to sustain long and profitable relationships with oil refineries, re-sellers and mining companies, we offer an unbeatable service.
We help raise Letters of Credit for our clients who purchase energy fuels from international suppliers and offer facilities for the issue of reciprocal or back to back Letters of Credit for re-sellers and intermediaries. We offer multiple reciprocal Letters of Credit making it easier for re-sellers to offer CIF transactions to their onward buyers without the need to risk advance shipping costs.
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Working closely with our partnership banks around the world, we are also able to confirm our clients payment abilities (proof of funds) and assist our clients in meeting the sellers requirements, making it easier for our clients to negotiate good terms with leading international suppliers.
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Some of the instruments we can facilitate are.
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Letters of Credit
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Standby Letters of Credit
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Confirmation for Proof of Funds
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Bank Payment Orders & Guarantees
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Reciprocal (Back-to-Back) Letters of Credit & Transfer
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Certificate of Deposit
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Safe Keeping Receipt (SKR)
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Case Study
A South Korean client wanted to import beef from a company in Mexico. As both parties were new to each other there was the requirement to use an instrument in order to facilitate a safe and fair transaction. AGS arranged a trading facility with an SBLC that was used to safely complete the transaction. The importer could not access an instrument via their traditional bank facility, Atlas Global Synergy accessed the instrument from an alternative institution.
Beef trade deal between Mexico & South Korea facilitated through AGS, 2019. An SBLC was used to structure the trade.
Ribbon cutting ceremony at Beef Processing Facility in South Korea.
Representatives of the Buyer & Seller with AGS Executive Director at MOU signing ceremony