Proof of Funds and Bank Comfort Letters

Proof of Funds Service for Time-Boxed Transactions

When a seller asks for Proof of Funds, they are testing speed and credibility. We support bank-referenced confirmation workflows for real transactions, including bank comfort letters, RWA letters, and bank message support through MT199 and MT799 where appropriate to the deal. We also help you package the request so counterparties can validate without unnecessary exposure. For related bank instrument context, see Bank Instruments Explained and our Trade Finance Instruments and Products guide.

Proof of Funds is not a “magic letter.” It is a controlled confirmation that aligns with a specific transaction, a named counterparty, and a clear verification path. We help you decide which format is appropriate, assemble the supporting dossier, coordinate compliant issuance through suitable counterparties, and manage a clean verification workflow so the seller can proceed. If your use case is acquisition or real estate, see Acquisition Financing and Real Estate Financing.

What We Deliver

Instrument Fit and Structure

  • Confirm what the counterparty actually needs: comfort letter, RWA letter, or bank-to-bank message support
  • Define scope: transaction amount, currency, validity period, and permitted usage language
  • Align verification path: who can verify, by what channel, and what is and is not disclosed
  • Make the request bankable: clean wording, clear purpose, and realistic timing

Proof of Funds Documentation

  • Bank comfort letters referencing availability and intent where appropriate
  • RWA letters supporting a transaction-specific funding readiness narrative
  • Supporting documentation checklist mapped to compliance review
  • Controlled formatting to reduce misunderstandings and prevent misuse

Bank Message Support

  • MT199 support for bank-to-bank free format confirmation where relevant
  • MT799 support for bank-to-bank pre-advice style messages where relevant
  • Verification coordination: named recipients, timing, and documented confirmations
  • Alignment with transaction documents and counterparty contact details

Counterparty Handling and Controls

  • Seller-facing guidance on what verification should look like and what to ignore
  • Anti-misuse controls: limited validity, named counterparty, and usage boundaries
  • Process management: document handover sequence and clear time-boxing
  • Support through acceptance and next-step transition into financing where relevant

Common Use Cases

  • Business acquisitions under LOI where the seller needs buyer financial credibility
  • Commercial Real Estate purchase agreements where the seller requests funding readiness confirmation
  • Physical goods transactions where a supplier needs buyer capability validation before allocation
  • Bid submissions where the buyer must demonstrate funding capacity to participate
  • Time-boxed closings where counterparties require structured confirmation, not verbal claims

If your use case is trade related, see Trade Finance and Letters of Credit.

Eligibility and Required Information

Best Fit

  • You have a defined transaction, named counterparties, and a clear amount and timeline
  • You can complete KYC and AML screening and provide corporate documentation
  • You want a verification workflow that does not create unnecessary disclosure risk
  • You understand that language and format must match real bank and compliance standards

Core Dossier

  • Transaction summary, counterparties, and purpose of funds
  • Amount, currency, and validity period requested
  • Seller verification contact details and preferred verification channel
  • Corporate documents, beneficial ownership, and authorized signatory details
  • Any LOI, PSA, contract, or term sheet relevant to the request

Process

Intake

Mandate confirmed and dossier received. We verify the transaction purpose, counterparties, and what format is appropriate for the seller’s request.

Compliance and Wording

We align the language to bank standards, set validity boundaries, and confirm the verification path. KYC and AML screening is completed as required.

Issuance Coordination

We coordinate issuance of the comfort letter or RWA letter and, where relevant, bank message support through MT199 or MT799 for named recipients.

Verification Support

We support verification and manage follow-ups so the seller can proceed without open-ended document rework or uncontrolled forwarding.

Next-Step Transition

If the transaction requires financing execution, we transition the file into the relevant mandate for funding, such as acquisition, trade finance, or private credit.

Pricing Guidance

  • Fixed fee from USD 10,000 based on format, verification workflow, and compliance workload
  • If bank-to-bank message support is required, scope depends on recipient details and timing constraints
  • Third-party costs may include bank charges, legal review, and compliance screening services
  • Final scope is confirmed after dossier review and the verification path is locked

If the counterparty request is vague, unrealistic, or designed for uncontrolled circulation, we will recommend a different approach or decline.

Request Proof of Funds Support

Share the transaction summary, amount, counterparties, and the exact wording the seller requested. We respond with eligibility, format guidance, and next steps.

Include the seller verification contact, timeline, and whether a bank comfort letter, RWA letter, or MT199 or MT799 support is required. We act as advisor and arranger and coordinate execution through regulated counterparties where lending or bank messaging execution is required.

Request A Quote

All transactions are subject to KYC and AML, sanctions checks, counterparty approvals, and signed agreements. Proof of funds outputs are transaction-specific and not intended for broad circulation. Financely does not guarantee acceptance by any counterparty.

Financely acts as advisor and arranger. We are not a bank and do not take deposits. We do not guarantee issuance, acceptance, or timing, and we do not provide financial guarantees. Outputs depend on compliance review, documentation quality, counterparty requirements, and applicable bank procedures.