Case Studies

Issuance of Letter of Credit for a trading company in Hong Kong
worth USD 3, 313, 750 and USD 6, 210, 000

Overview:

A trading company in Hong Kong wanted to purchase coal and palm oil from Indonesia and Malaysia. Most of their clients are located in India but because they do not have the facility, they approached Yield4Management to issue on our behalf. They approached Yield4Management and we, the Yield 4 Managementcreated theirfacility in Standard Commerce Bank for a Letter or Credit to be issued to their respective beneficiariesin Indonesiaand Malaysia so the materials will be shipped to their clients is India. As a result, the Yield4Management issued a Letter of Credit in the name of their trading company based on their preferences amounting to USD 3, 313, 750to Indonesia for coal and one is USD 6, 210, 000 to Malaysia for palm oil.

Issuance of Letter of Credit to a Trading and Retail Company in Saudi Arabia
worth SAR 1, 990, 800
:

Overview:

A Trading and Retail Company in Saudi Arabia wanted to purchase 48 Hyundai Accent cars from a Master Distributor in Saudi Arabia. They approached Yield 4 Management to issue an LC for the transaction.  They needed a sufficient facility to have a credit period.  We, the Yield 4 Management issued an LC from Europa Bank to their beneficiary in Saudi Arabia so that the cars will be delivered to the buyer's warehouse.  As a result, we, the Yield 4 Management issued a Letter of Credit in the name of their trading company amounting to SAR 1, 990, 800 based on their preferences. As a result, the cars were delivered right on time seamlessly.