Ready to import goods to Nigeria but worried about upfront payments of the goods? Relax, a Dubai company can help! They can assist you in securing a Letter of Credit (LC), making your import experience smooth and hassle-free. Here's how it works:

Skip Upfront Payment for Imports of Goods: Normally, you would need to pay the entire cost of the goods and shipping before they are shipped to you. But with a Letter of Credit, you can skip that big upfront payment and receive your goods first!

Peace of Mind with Payment After Arrival: You only pay for the goods
after they arrive safely in Nigeria and you have had a chance to inspect them for quality and quantity. This way, you know you're getting exactly what you ordered.

Boost Your Inventory, Increase Your Sales: A Letter of Credit allows you to buy larger quantities of goods at once. This can lead to better deals from sellers (exporters) and potentially higher profits when you resell the goods in Nigeria.

Simple Letter of Credit Process: Don't worry about complicated paperwork involved in obtaining an LC issued from your bank! A Dubai company specializing in Letter of Credit services will handle the entire process of issuing the LC to your exporter's bank. This frees you up to focus on receiving and paying for your imported goods. Important Note: They will only send the LC to the exporter's bank once both you (importer) and the exporter agree on using a Letter of Credit. The Dubai company will not communicate directly with the exporter or negotiate on your behalf.

You should be able to pay for the goods on arrival: While most exporters accept Letters of Credit, you'll still need to demonstrate that you can pay for the goods upon arrival and inspection. The Dubai company helps you secure the LC, but they don't pay for the goods themselves. You'll pay the cost of the goods and shipping directly to the exporter, based on the proforma invoice. 

Faster Importation Process in Nigeria: The process is straightforward. You simply need to submit documents like your proforma invoice, ID proof, and business certificate, along with a completed form provided by the Dubai company. They will then draft the Letter of Credit, and you'll need to get the exporter's signature and endorsement on it. There's a small issuance fee involved. Finally, the Dubai company instructs the issuing bank to send the LC to your exporter's bank on your behalf. Once the goods arrive in Nigeria and are inspected, you can then make the payment to the exporter.

Eliminate Upfront Payment of Goods Issues for Your Imports: Don't let upfront payments of goods to your exporter hinder your importation any longer! Contact DAVE vis WhatsApp at 0911-60-55-784 to get connected. Remember, with their Letter of Credit financing, you can import goods and pay later seamlessly in Nigeria!

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