Licensed Meydan Free Zone Entity | Dubai, UAE
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DLC / SBLC Trade Instrument Reassignment — Africa Trade Gateway

Need to use an LC or SBLC issued by an African bank for an international trade transaction?

International Commodity Trade Facilitation

Need to use an LC or SBLC issued by an African bank for an international trade transaction? International suppliers often hesitate to accept instruments issued directly by African banks, or require costly Tier-1 confirmation. We assess the instrument and transaction structure, then arrange an Assignment of Proceeds (AOP) through UAE banking partners — preserving your existing banking relationships.

  • No change required to existing banking relationships
  • Compliance screening, verification, and instrument acceptance
  • Full transaction management: structuring, contract administration, supplier onboarding, documentary compliance
  • Every transaction subject to KYC, AML, CTF, international screening, and ICC UCP 600 where applicable
Download Africa Trade Gateway Overview
Aerial view of a commodity shipping container port
International Commodity Trade Facilitation

Cost-Effective Trade Instrument Facilitation

Key Parameters
ASSIGNMENT OF PROCEEDS COST0.30% – 0.50% of transaction value
ELIGIBLE INSTRUMENTSMT700 DLC, MT760 SBLC (annual contracts), Bank Guarantees, Bank Comfort Letters
ELIGIBLE COMMODITIESCrude oil, EN590 diesel, jet fuel, LPG, metals, agri & industrial commodities

Indicative parameters only. Actual terms are subject to assessment, documentation and the relevant financing institution's approval.

You don't need a complete package to start. Submit the basic transaction details first — we'll tell you what additional documents are required.

Who It Suits

Is this suitable for you?

This may be suitable if you have:

  • Trade instrument (MT700 DLC, MT760 SBLC, guarantee) issued by an African bank
  • Established commodity trading relationship and contract
  • International supplier requiring enhanced payment assurance
  • Transaction and counterparties able to pass KYC/AML screening
  • Instrument value and tenor within program parameters

Final eligibility depends on transaction assessment and the relevant financing institution.

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Mechanism

How the Structure Works

Step 1

African Bank

Issues a Documentary LC (MT700), SBLC (MT760), or other acceptable instrument.

Step 2

Epiidosis

Acts as contractual seller and trade facilitation partner.

Step 3

Instrument Review

Compliance screening, verification, and acceptance.

Step 4

Assignment of Proceeds

Arranged through a UAE banking partner, subject to approval.

Step 5

International Supplier

Receives enhanced payment assurance from the UAE banking partner.

Step 6

Shipment of Goods

Supplier ships the contracted commodity.

Step 7

Compliant Documents

Presentation of compliant shipping documents.

Step 8

Payment & Settlement

Settlement to the supplier per the AOP and transaction documents.

What We Need From You

What we'll typically ask for

For a first review, we'll typically ask for:

  • Copy of the trade instrument (MT700/MT760) or issuing bank details
  • Sale and purchase contract with the counterparty
  • Company and beneficial ownership (KYC) documents
  • Shipment and commodity specifications

Additional documents may be requested after the initial assessment.

Ready to structure this transaction?

Every engagement begins with a commercial proposal, banking assessment, indicative costs, transaction structure, and execution timeline.