We are excited to share a recent trade finance achievement at 360tf. Our team successfully executed an LC-backed transaction worth over $10 million. This deal connects a leading East African metals manufacturer with exporters in the United Arab Emirates. Specifically, the transaction involved multiple Letters of Credit (LCs) with a 270-day tenor. This allows for the seamless import of industrial metals such as steel, copper, and zinc into East Africa. Consequently, the deal reflects growing trade flows between the UAE and Africa while highlighting the demand for secure financing in emerging markets.
Streamlining Trade via 360tf BankSecure
At the heart of this success is our robust platform, 360tf BankSecure. This tool empowers clients to digitise and streamline their interactions with banks globally. From sourcing competitive quotes for LC discounting to ensuring smooth execution, BankSecure delivers end-to-end support that remains fast and secure. Furthermore, the platform enables businesses to navigate complex international requirements with ease.
Key Highlights of the $10 Million Transaction
What makes this deal special?
- High-Value Trade: Facilitated a major LC-backed transaction between the UAE and East Africa.
- Liquidity: Provided instant working capital realisation for exporters through 360tf BankSecure.
- Security: Ensured a de-risked process through strong global bank partnerships.
360tf BankSecure enabled:
- Access to multiple real-time bank quotes for LC financing.
- Fast, transparent transaction flow with full risk mitigation.
- End-to-end support for both exporters and importers.
Unlocking Growth Through Digital Transformation
This success story reinforces our belief that simplified and digitised trade finance unlocks true growth potential. We thank our banking partners, the customer teams, and our internal experts who made this possible. With every transaction, 360tf builds a stronger and more connected global trade finance ecosystem. Consequently, we continue to enable trade securely across all borders.
Want to power your global trade securely?
Explore 360tf BankSecure at https://www.360tf.trade/download/ or contact us at tia@360tf.trade
