About Us

About Us

Mircoba Trade Resources is a global trade consortium of expertise professionals in its management board, who has five decades of experience in international commerce and logistics. It has accumulated a strong and healthy market presence through a simple principle “Earn Trust with Business”. The company is service providers in global trading of Metals, Minerals and ores. It also imparts logistic solutions related to carriage of cargo across the world.


OUR OBJECTIVE

Our objective is to provide niche services in key area of sourcing, logistics and services to cater our esteemed clients thereby creating an exclusive market segment.


OUR GOAL

Customer satisfaction is the ultimate goal of our company.

L/C Financing and Commodities Structuring

Mircoba (Trade) Resources, through their financial institutions, can offer the following products and services in their trade finance package subject to detailed screening of the contract/parties and other formalities as per BOD Approval.

Letter of credit: It is an undertaking/promise given by a Bank/Financial Institute on behalf of the Buyer/Importer to the Seller/Exporter, that, if the Seller/Exporter presents the complying documents to the Buyer's designated Bank/Financial Institute as specified by the Buyer/Importer in the Purchase Agreement then the Buyer's Bank/Financial Institute will make payment to the Seller/Exporter. this document gives the seller two guarantees that the payment will be made by the buyer :one guarantee from the buyer's bank and another from the seller's bank.

Advance payment - the buyer arranges for their bank to pay the supplier around 30% of the order value upfront when ordering, and the other 70% when the goods are released or shipped.

Bills for collection (B/E or D/C) - here a bill of exchange (B/E) is used; or documentary collection (D/C) which is a transaction whereby the exporter entrusts the collection of the payment for a sale to its bank (remitting bank), which sends the documents that its buyer needs to the importer’s bank (collecting bank), with instructions to release the documents to the buyer for payment. Mircoba (Trade) Resources are having associate/Supply Chain intermediaries, expanding in recent years to offer importers a funded transaction of individual trades from foreign supplier to importers warehouse or customers designated point of receipt. The Supply Chain products offer importers a funded transaction based on customer order book. In Nut shell, Mircoba (Trade) Resources) can get our clients with requisite L/C arrangement (Commercial, Export / Import, Transferable and Non-Transferable, Revocable and Irrevocable, Stand-by, Confirmed, and Unconfirmed, Revolving, Back to Back, Red Clause, Green Clause, Sight, Deferred Payment, and Direct Pay LC).

Mission Statement

We are committed to provide our services for supply of cargo at the right time with zero tolerance. Our secret to success lies in the deliverance of the right quality. Our services are aimed for the utmost satisfaction of our Customers.

Each of our executives and associates in our management team has invaluable proficiency in the fields of trade. They are also rich in experience in handling large corporate clients with their precision needs in terms of product requirement and merchandise.

Mircoba Trade Resources always chooses the vendors and co-clients, based on parameters like market credentials, past & present experience, financial standing and on-time delivery. This has helped us as being the authorized trusted consultancy/agents in India & Abroad for many of our well known clients.