A trade finance facilitator that links discriminating clients with providers and/or brokers who have worldwide reach and local business customs and regulations understanding is essential in the quickly evolving trade environment.
With more than 150 years of combined experience in banking, finance, and specifically trade credit services, the Merchant Trade Guarantee Corporation Company Limited (MTGCL) is the result of the collaboration of multiple senior banking specialists. At MTGCL, we go above and beyond to thoroughly understand our clients’ needs in order to offer the best counsel and direction to enable them to achieve their objectives. One of our biggest advantages is that we are dynamic and flexible enough to adjust to the unique needs of each customer, which helps them accomplish their goals quickly, effectively, and economically.
Since its reorganisation in 2000, MTGCL has functioned as a non-bank financial institution, leveraging its workforce and capital to support clients requiring significant exposure to the trade credit industry.
We ensure that our clients’ transactions are easily and effectively managed, giving them the best opportunity to expand, by combining our knowledge base with the advice and opinions of local trade specialists in the key trading capitals of the world.
MTGCL is a financial company that provides specialised services to a global network of clients worldwide. These services may include, but are not limited to, facilitating and/or consulting in trade finance, international project financing, and quick financial messaging. Using its longstanding reputation, credibility, and financial strength, MTGCL is able to rapidly comprehend the demands of its clients and use these to facilitate, advise, underwrite, or broker solutions for its clients from organisations all over the world.
MTGCL manages transactions in which it provides assistance or advice regarding the use of suitable financial instruments, such as bank guarantees (BGs), standby letters of credit (SBLCs), LCs, proofs of fund (POFs), fund transfer instruments, etc. Banks and other financial institutions issue or broker them for astute customers who might find use for such instruments. Banks and other financial institutions all around the world issue these instruments, and MTGCL uses its contacts and balance sheet to verify and act as a guarantor in the middle to ensure that these transactions are completed. These serve as evidence to the seller, buyer, and receiver that the issuer is able to pay for the transaction, deal, and products. This is typically done when the issuer is required to pay, on the dates that they have agreed to pay, when the items are received, etc. Undoubtedly, although this may seem simple, MTGCL and the supporting institutions—banks and other financial institutions worldwide—conduct extensive due diligence in order to do this.
