Step-by-Step Issuing Process of Y4F DLC
Process involved in issuing DLC are several with each designed to assist secure and confident trade deals -- Submission of DLC request - The importer will initiate the process by submitting a request for the DLC to Yield 4 Finance with trade details and other required information such as information about the supplier, agreed payment terms such as price, quantity, delivery timelines), required documents such as commercial invoices, bill of lading) and other compliance requirements.
- Evaluation and structuring of the DLC - Y4F’s trade finance experts review the importer’s request to ensure alignment with trade practices. The DLC is then structured, specifying payment conditions and the timeline for document submission and transaction processing.
- DLC issuance - Once the DLC is structured, it is then issued to the supplier with details outlined in the DLC such as obligations and required documents for fulfillment.