IF YOU FIND A LOWER COST WE WILL BEAT IT!
Welcome
Connecting Businesses for Growth. Solving your Trade Finance Hurdles
Trade Finance at Your Fingertips by WAHID CORP FZE
GUARANTEED ISSUANCE IN 5 BANKING DAYS OR YOUR MONEY BACK!
About Us
Wahid Corp Fze, a group founded in 2016 as a private fund now collateralizes its assets to empower businesses by providing innovative credit instruments using our own lines. Our product TRADE FINANCE AT YOUR FINGERTIPS supports your business success and helps you navigate financial risks effectively.
Instruments We Offer
- Documentary Letters of Credit (DLC)
- Stand-By Letters of Credit (SBLC)
- Bank Guarantees (BG)
- Performance Bonds and Guarantees (PB - PG)
- Advance Payment Guarantees (APG)
- Proof of Funds (POF)
- Ready Wiiling and Able Letters (RWA)
- Bank Comfort Letters (BCL)
- Insurance Bonds, Guarantees and Policies
How We Do It
WHAT WE DO FIRST:
- We review your company profile and experience
- We review your purchase agreement and/or Pro-forma invoice
- We assess the credit risk and inform you within 1 business day if we are willing to proceed
WHAT WE DO SECOND:
- Once we approve the credit risk of your transaction you then select one of our banks and get it approved from your seller (Beneficiary of the Instrument)
- Once you approve the bank we provide you with the instrument draft for your approval and signature
- We sign the contract with you and effect issuance within a maximum of 5 Banking days of signing GUARANTEED
WHAT WE DO THIRD:
- Once issued we provide you with the SWIFT copies
- If requested by you, we ask the issuing bank to provide the SWIFT copy directly to any party nominated by you
What we Do and what we Don't
- We DO issue to facilitate trade finance transactions
- We DO issue for balance sheet enhancement
- We DO, under specific circumstances, break down instrument cost into 2 installments depending on cost burden to you
- We DON'T accept Bank Payment Undertakings (BPU) as a payment for the instrument
- We DON'T issue without a pre-agreed payment structure with you which will always have a prepayment element
- We DON'T issue for borrowing against our instruments unless a solid arrangement by you has been already made and you pass our credit checks (very rare)
- We DON'T offer A rated banks or top 25 banks or any such related scam services
What is the Cost
The cost of using our lines depends on:
- Legal status of buyer and seller
- Trade history and performance of buyer and seller
- Nature of trade product
- Contract duration, shipment criteria, contract amount
- Type of instrument required
- Currency of instrument required
What we quote to you comes with a GUARANTEE to be competetive than anyone else in the market. If you can give us a competetive offer from a different liquidity provider which is better than ours from the bank you chose WE WILL BEAT IT!
What About Brokers
We can engage with brokers only in an introductory capacity. We cannot engage our services, offers or quotations with brokers.
For brokers who introduce clients that conclude an issuance with us, we allocate for them 10% of the invoiced value of the instrument cost as facilitation fees.