Bank-Issued MT799 Proof Of Funds Service
Financely arranges proof of funds support for qualified clients requiring bank-issued confirmation of financial capacity for commercial transactions, tenders, acquisitions, trade finance, real estate, project finance, supplier onboarding, and institutional due diligence.
Issuance is arranged through eligible banking counterparties and recognized financial institutions, subject to KYC, purpose review, bank approval, wording, jurisdiction, and evidence supporting the requested amount.
Use cases: business acquisitions, M&A proof of funds, commercial real estate purchases, commodity trades, import and export transactions, supplier qualification, tender participation, EPC bids, project finance submissions, equipment purchases, aviation and shipping transactions, private credit diligence, escrow readiness, and bank-to-bank comfort requests.
MT799 Bank Message
Structured bank-to-bank proof of funds communication where the issuing institution and receiving bank accept the format, wording, purpose, and transaction context.
Bank Proof Of Funds Letter
Formal proof of funds documentation issued by a bank or eligible financial institution for transaction review, counterparty diligence, or closing file support.
Transaction-Specific Wording
POF wording prepared around the amount, beneficiary, purpose, jurisdiction, transaction type, expiry, receiving bank details, and required presentation format.
When Clients Use MT799 Proof Of Funds
Acquisitions And Real Estate
Buyers may need proof of funds for business purchase negotiations, signed LOIs, asset acquisitions, commercial real estate closings, seller diligence, escrow discussions, or lender review.
Trade And Project Transactions
Traders, sponsors, and contractors may need proof of funds for commodity supply, procurement, project bids, EPC tender support, supplier onboarding, shipment readiness, or bank due diligence.
Indicative Terms
| Item | Indicative Position |
|---|---|
| Service | Arrangement and coordination of MT799 proof of funds, bank proof of funds letter, or equivalent bank-issued financial capacity confirmation. |
| Minimum Fee | USD 10,000 minimum arrangement fee, payable after initial file acceptance and before bank coordination begins. |
| Eligible Purposes | Acquisitions, real estate purchases, trade finance, commodity transactions, project finance, tenders, supplier qualification, equipment purchases, institutional due diligence, and bank-to-bank verification. |
| Required Client File | KYC, company documents, transaction summary, requested POF amount, purpose, beneficiary or receiving bank details, draft wording if available, and evidence supporting the requested amount. |
| Issuing Counterparty | Top-tier bank, recognized bank, or eligible financial institution, subject to availability, compliance review, bank policy, and transaction suitability. |
| Format | MT799, bank proof of funds letter, bank comfort message, or equivalent bank-issued confirmation depending on bank approval and receiving party requirements. |
| Timeline | Typically 5 to 10 banking days after completed KYC, accepted transaction file, cleared fee payment, approved wording, and bank confirmation. |
| Important Conditions | All issuance is subject to KYC, KYT, sanctions screening, bank approval, wording approval, jurisdiction review, source-of-funds review, and lawful transaction purpose. |
4-Step Procedure
1. Submit Request
Client submits KYC, company documents, requested POF amount, beneficiary details, receiving bank details, transaction purpose, and preferred wording.
2. File Review
We review the purpose, amount, receiving party, bank route, supporting evidence, compliance position, and suitable issuance format.
3. Bank Coordination
We coordinate wording, compliance checks, bank requirements, message format, issuance route, receiving bank details, and procedural timing.
4. Issuance Support
Once approved, the bank-issued POF, MT799, or equivalent confirmation is coordinated according to the accepted format and transaction requirements.
Documents Needed
Passport or corporate KYC, certificate of incorporation, ownership details, transaction documents, beneficiary details, requested amount, and banking instructions.
Receiving Party Details
Where MT799 is requested, the receiving bank name, SWIFT/BIC, account relationship, officer contact, and acceptable wording should be provided where available.
Request MT799 Proof Of Funds
Submit the requested amount, transaction purpose, beneficiary, receiving bank, jurisdiction, preferred wording, and supporting documents.
Financely provides commercial advisory, structuring, documentation, and bank coordination support. Financely is not a bank, deposit-taking institution, issuing bank, confirming bank, broker-dealer, guarantor, lender, or custodian. MT799 proof of funds, bank letters, comfort messages, and equivalent confirmations remain subject to KYC, KYT, sanctions screening, source-of-funds review, bank approval, wording approval, receiving bank acceptance, transaction purpose review, and applicable law. A service fee covers arrangement, structuring, review, and coordination work. Issuance is not guaranteed until the bank accepts the file and confirms the final process.