Case Studies

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

Overview:

A trading company in Hong Kong wants to purchase coal and palm oil from Indonesia and Malaysia. Most of their clients are in India. But because they do not have the facility, they approached Yield4Management to issue on our behalf.

Solution:

Yield4Managementcreated 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 in India.

Implementation:

We, 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 SAR 1, 990, 800 to a Trading and Retail Company in Saudi Arabia

Overview:

A Trading and Retail Company in Saudi Arabia wants 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 need a sufficient facility to have a credit period.

Solution:

We, the Yield 4 Management issued an LC from Europa Bank to beneficiary in Saudi Arabia so that the cars will be delivered to the buyer's warehouse.

Implementation:

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, their business was conducted in a very seamless manner and the cars were delivered right on time.