Merchant Trade Guarantee Corporation Company Limited (MTG) Logo

Merchant Trade Guarantee Corporation Company Limited (MTG) is a Non-Bank Financial Company that has been in business since 2000 handling various financial and broking services. MTG operates in a consultative capacity to bring the client within easy access of banking facilities and all the necessary paperwork and red tape that goes along with the entire process.

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In the rapidly developing trade environment, a trade finance facilitator that connects discerning clients to the provider and or broker with the knowledge of local business customs and rules combined with a global reach is vital.

Merchant Trade Guarantee Corporation Company Limited (MTG) is the collaboration of several senior banking and business professionals with invaluable years of collective experience in banking, finance, business and trade credit services. At MTG, we take the required time to know our client’s requirements in detail allowing us to provide the right guidance and advice to help them attain their goals. Our approach and adaptability to suit local and client specific needs is a major advantage enabling clients achieve their objectives in an efficient, timely and cost effective manner. MTG has been operating as a Non-Bank financial company for over 20 years. We continue to extend every effort in growing our knowledge base on financial trade credit products that we are able to offer, services and markets for various types and categories of business.

We combine our knowledge base with opinions and guidance from local trade experts in the major trading centres to ensure that our client’s transactions are effectively managed providing the clients the best possible opportunities to grow.

What We Do

MTG is an advisory , consultancy and brokerage Company offering specialised trade credit financial services including, but not limited to, facilitating and or consulting in trade finance, international project financing and SWIFT financial messaging to a global network of clients across the world. 

MTG is able to quickly understand clients needs and use its knowledge and experience, and financial connections to facilitate and consult to underwrite or broker solutions on understanding and receiving required details.

Our Business

MTG handle transactions wherein it facilitates or consults in areas which require for using appropriate financial instruments such as – Standby Letters of Credit (SBLCs) / Bank Guarantees (BG’s), Letters of Credit (LCs), Proofs of Fund (POFs), Fund Transfer Instruments, to name a few. These are issued or brokered for our clients that may have the use for such instruments for their needs by banks and financial institutions. These instruments are issued by Banks and Financial Institutions globally.

MTG uses its business standing, resources and network of professional finance contacts to confirm and offer guarantor services allowing these transactions to come to fruition. These are a demonstration to the receiver / seller that the issuer / buyer has the capacity to pay for the transaction, deal, or goods, which is usually done at the time of the issuer / buyer’s obligation to pay on the respective dates of payment commitments / receipt of goods, etc. With all these type of transactions, no two transactions are the same and every care and attention to detail is required in obtaining full details from the client. MTG needs to adhere to detailed due diligence on all sides and also by the providing institutions which are namely banks and financial institutions globally.

Letters Of Credit
Letter of Credit means: Any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation. It not only guarantees product protection but also ensures flexible payment terms.
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Standby Letter Of Credit
A Standby Letter of Credit (SBLC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used.
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Bank Guarantee
A guarantee means giving something as security. A bank guarantee is when a bank offers surety and guarantees for different business obligation on behalf of their customers within certain regulations. It is generally a promise made by the bank to any third person to undertake the payment risk on behalf of its customers.
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Performance Guarantee
Performance Guarantee is an agreement between a Client and a Contractor. The bank offers a guarantee to the client on behalf of a contractor that work will be done as per the agreement. A Performance Guarantee is issued by a financial institution or bank to a contractor, to promise completion and due performance of the works of the service, as described in the contract documents.
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Documentary Collection
Documentary Collection (DC) occurs when a seller instructs his bank to forward documents related to the exporting of goods or services to the buyer’s bank, then requesting to present these documents to the buyer for their payment. The contract will also include the conditions under which conditions the documents can released to the buyer.
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Proof Of Funds Documents
Proof of Funds (POF) is a letter or documentation that certifies that an individual, institution, or corporation has sufficient funds (money) to complete a transaction. A POF is typically issued by a commercial bank to provide confidence or assurance to another party – typically a seller – that the individual or entity in question has sufficient funds to complete an agreed-upon purchase.
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