Other Swift Messages
Access Swift Messages via Top-Rated Banking Partners
As a rapidly expanding provider of trade instruments, Nehan Financing Brokerspecializes in delivering a variety of SWIFT messages to suit different trade requirements. We offer services such as Proof of Funds (POF), Ready, Willing, and Able (RWA) statements, and Bank Comfort Letters (BCL), all designed to facilitate secure and efficient international transactions. Our SWIFT messages provide the clarity and financial assurance needed to foster trust and credibility among trading partners, streamlining your global trade processes with confidence.
Swift Messages
There Are Mainly 4 Types Of Swift Messages In International Trade
Proof Of Fund (POF) Messages:
Proof of Funds (POF) messages serve as a verification of available funds for a specific transaction, often supported by bank statements or other official documents. They play a vital role in sectors like real estate, investments, and business deals, providing assurance that the necessary funds are present and accessible. This confirmation helps to build trust among parties involved, facilitating smooth and reliable transactions.
Ready, Willing And Able (RWA) Messages:
Ready, Willing, and Able (RWA) messages indicate a party's preparedness and capability to enter into an agreement or meet financial commitments. They offer assurance regarding the availability of resources and the intent to proceed, thus supporting smoother negotiations and transactions. RWA messages are commonly used in trade finance, investments, and project financing to demonstrate commitment and reliability.
Bank Confirmation Letter (BCL):
A Bank Confirmation Letter (BCL) from Nehan Financing Broker certifies a client's financial status and available funds. Essential for international trade and finance, BCLs offer verification of account balances and credit lines, providing confidence and reliability for seamless transactions.
Pre-Advice Messages:
A pre-advice message serves as a vital communication between banks, designed to protect large wire transfers. It informs the receiving bank of a documentary credit issuance and seeks confirmation, ensuring the transaction proceeds securely and efficiently.
RWA / POF /BCL Issuance Procedure- Step By Step
1. In order to finalizing the draft , we need following documents/ information.
i. Filled-in Application form/ Proforma Invoice or Sales Contract
ii. Company Trade License
iii. Passport copy of the owner and shareholders
iv. Last three months bank statement
v. One-year audited financials
vi. Shareholding List
2. After acquiring all the above documents/information, we will assist the client in selection of the issuing bank/financial institution and assist in finalizing the draft for client’s review.
3. Upon receiving the draft copy of the instrument, client must thoroughly review the draft for any corrections, additions or removal of information. Should there be any amendments, we can assist in amendment of the draft accordingly to match clients’ preferences. Once the draft is approved by all the related parties, client will need to send us a copy of the draft with authorized signatory’ sign and company stamp on the draft as client’s approval along with an email confirming the same.
4. We will raise the invoice for the charges agreed and client will make the remittance against the invoice.
5.Only after we receive the payment for the raised invoice, we will assist on following with the issuing bank/financial institution consulted and provide assistance in issuing the instrument through swift/courier within 7 working days depending the issuing bank/financial institution policy.
6. Simultaneously we will assist the client in receiving the issued copy through email for reference and record keeping.
Note: The issuing charges would depend on the amount of the instrument required, the type of the
instrument, the issuing bank selected for issuance and the beneficiary bank to which it is to be delivered.