Ramses Agro Finance & Trade Cameroon LTD

Ramses Agro Finance & Trade Cameroon LTD is rated 3 out of 5 in the category financial services. Read and write reviews about Ramses Agro Finance & Trade Cameroon LTD. RAFT CAMEROON LTD is a provider of trade finance solutions working with clients worldwide. Most of our solutions involve letter of credit with numerous institutions. Our clients are importers and trading companies looking to expand their business by leveraging their existing cash flow to its maximum by enabling them to avoid tying up their own funds . Our Products: Documentary Letters of Credit Standby Letters of Credit Pre Advice/RWA messages Transmit SWIFT MT 760, MT 799, and other messages Documentary Letters of Credit The primary use of our documentary letters of credit is to facilitate the movement of goods from one country to another. In some cases we are able to provide instruments for credit enhancement, allowing the beneficiary to take better advantage of existing credit facilities. Our clients fall into two broad categories: Clients buying goods on a regular basis to hold stock or fill regular orders: The client is opening letters of credit or making deposits to his supplier, etc. This means that he is using his money (either depositing at the bank or with the supplier) before he has the goods. When he opens the LC through us, he doesn’t need to use his money until the goods have shipped, and in many cases until they have arrived at their destination point. This can be 30, 60, 90, 120 days after the LC was opened. The longer the manufacture and shipment period, the more advantageous it is for the client to use our letters of credit. Instead of locking his money up with his supplier, he can use his money to hold stock, finance credit terms to regular buyers, market, etc. Trading companies, middlemen, and brokers: This type of client has a buyer already lined up for the goods that he is trading. The buyer wants to pay Cash Against Documents for the goods, but does not want to make a deposit or open an LC until the goods are already on their way or have arrived at their destination port.