Get beneficiary-ready POF and bank instruments issued through regulated partners, with verified delivery, clear timelines, and pricing that matches your counterparty’s checklist.
When a seller, beneficiary, or counsel asks for proof of funds, bank-to-bank messaging, or a trade instrument that matches their checklist, the real work is not “getting a document.” The work is getting the correct format, issued by an acceptable bank, with compliant wording, and a clean verification path.
Financely supports clients seeking POF (MT199, MT799, BCL), Documentary Letters of Credit (DLC), usance structures (UPAS and UPAU), and SBLC issuance through regulated partners, subject to diligence and approvals.
Used to evidence capacity for a live transaction, usually as MT199, MT799, or a Bank Comfort Letter (BCL), depending on what the recipient will accept and how they will verify.
Used to support settlement, performance, or credit enhancement where obligations, documents, and triggers are defined.
| Instrument | Typical Purpose | Indicative Timing |
|---|---|---|
| POF (MT199, MT799, BCL) | Capacity evidence and bank-to-bank assurance for a live commercial transaction. | Often 3 to 10 working days after complete inputs and compliance clearance. |
| DLC / LC (Including UPAS and UPAU) | Settlement support and documentary draw mechanics under the agreed ruleset and checklist. | Often 2 to 4+ weeks depending on KYC depth, wording, and approvals. |
| SBLC | Performance or payment assurance for a defined obligation with clear draw conditions. | Often 2 to 4+ weeks depending on margin path, wording, and beneficiary acceptance. |
Issuer selection depends on where liquidity sits, the recipient’s acceptability list, jurisdiction, tenor, and the compliance outcome. Typical issuing and confirming partners used in routine mandates include:
| Region | Examples |
|---|---|
| North America | JPMorgan Chase, Bank of America, Citibank |
| Europe | HSBC, BNP Paribas, Deutsche Bank |
| Africa | Standard Bank, FirstRand (Rand Merchant Bank), Ecobank |
| Asia | DBS, MUFG, ICBC |
The issuer is confirmed after underwriting and compliance screening, and based on beneficiary acceptance and the delivery method required.
Most confusion in this market comes from vague pricing. We keep it plain. There is a screening step, then instrument pricing, then bank charges that are annualised when the instrument is outstanding.
| Cost Item | Applies To | Indicative Range |
|---|---|---|
| RFQ Underwriting Review | All requests | USD 500 per RFQ |
| POF Issuance Fee | MT199, MT799, BCL | Typically starts around USD 10,000 and scales with complexity and verification requirements |
| Advisory Retainer | LC, DLC, UPAS, UPAU, SBLC | LC or DLC often USD 40,000 to 100,000. SBLC commonly from USD 59,500, case-specific |
| Issuing Bank Commission | LC, DLC, SBLC | Often ~0.70% to ~1.20% per annum for LCs, and ~0.80% to ~2.50% per annum for SBLCs, typically pro-rated to tenor |
| Confirmation Pricing | Where confirmation is required | Often ~0.25% to ~0.55% per annum for LC confirmation, and ~0.50% to ~3.00% per annum for SBLC confirmation, subject to jurisdiction and beneficiary risk policy |
All figures are indicative. Final pricing depends on jurisdiction, tenor, ruleset, beneficiary wording, collateral or margin requirements, and issuer policy.
Fastest Way To Get A Clean Quote:
'Send: (1) instrument type, (2) amount and tenor, (3) beneficiary country and acceptability list, (4) the recipient’s wording or checklist, (5) your transaction documents, and (6) a complete KYC pack for the applicant.'
If you have a live counterparty request, submit your RFQ. We will revert with feasibility, pricing, timing, and the issuance path through regulated partners.
Request A QuoteThere is no single draft that fits every transaction and every beneficiary checklist. We align wording to the recipient requirements after underwriting, then coordinate adjustments with the issuer.
No. We reduce avoidable friction by aligning to the acceptability list and verification method, but acceptance remains the beneficiary’s decision.
No. Some recipients accept MT199 or a bank letter format. The right choice depends on what the recipient can verify and what their counsel will sign off.
No. They are structures used in specific situations where payment terms and liquidity mechanics matter. We confirm fit during underwriting.
Submit the RFQ with the recipient checklist and your transaction documents. If it is bankable, we will revert with the issuing path and the full input list.
Disclaimer: This page is for general information only and does not constitute legal, tax, investment, or regulatory advice. Financely is not a bank or lender and does not issue MT199, MT799, BCLs, LCs, DLCs, UPAS, UPAU, or SBLCs. Any issuance is provided by regulated counterparties under their own licences, approvals, and documentation, and is subject to eligibility, KYC and AML checks, sanctions screening, underwriting, committee approvals, and executed documentation. References to banks are illustrative and do not imply availability for any specific applicant or transaction.
Financely advises growth-focused businesses on accessing capital by introducing their opportunities to professional investors. Financely is not a securities broker or dealer. Where appropriate, engagements are coordinated with regulated broker-dealers, investment banks, legal counsel, and other specialists.
Financely does not solicit, offer, or accept orders to buy or sell securities and makes no assurance regarding capital-raising outcomes.
Services are strictly business-to-business. Financely does not provide personal finance, consumer credit, or retail advisory services.
Advisory services are reserved for post-revenue companies that recognize the time and resources required for professional underwriting.
All mandates start with an RFQ. We review submissions, issue a brief Go/No-Go memo, and where bankable, release a Term Sheet that leads to funding. We arrange capital across Senior Secured, Unitranche, Second Lien/Mezzanine, Preferred Equity, and Gap Solutions. We do not process deals by email or chat.
Letters of Credit, Standby LCs, Confirmations, Receivables Finance, and Inventory Lines with control.
Funding arranged for trade flows with instruments sized to your cycle and aligned to delivery and settlement.
Move forward to secure working capital and keep goods moving. Submit the RFQ to start underwriting for funding.
Limited or non-recourse structures for energy and infrastructure with lender-ready materials.
Funding solutions aligned to project cash flows with credible covenants and conditions to reach notice to proceed.
Advance the file to termable status. Submit the RFQ so we can underwrite and secure funding.
Debt and Preferred solutions anchored on cash flow, Quality of Earnings, and clear closing mechanics.
Funding across senior, unitranche, and preferred to match stable cash flows and acquisition timelines.
Get financed on workable terms for closing. Submit the RFQ to start underwriting.
Acquisition, development, bridge, and refinance with lender-ready packs and third-party reports managed.
Funding calibrated to DSCR, leverage, and tenancy with terms designed to close.
Move to a financeable package. Submit the RFQ to initiate underwriting for funding.
KYC and Source of Funds required. Engagements are best-efforts and subject to underwriting. Preference for operating companies with meaningful revenue. See our FAQ and Procedure.
Financely Inc. (“Financely”) provides corporate-finance advice and is wholly owned by Aurora Bay Trust, a trust formed under Bahamian law, together with its authorized affiliates. Depending on deal structure, jurisdiction, and local rules, engagements may be carried out through Financely Group LLC, a non-deposit-taking, non-banking financial company; Ashford Capital Advisory LLC; or another related entity.
Financely and its affiliates are not registered as securities broker-dealers and do not execute securities transactions or hold client funds or securities. When a mandate involves the purchase or sale of securities and a registered intermediary is required, any orders are introduced to and executed by one or more independent U.S. broker-dealers registered with the SEC and FINRA. Those broker-dealers are solely responsible for trade execution, custody, and related regulatory obligations. Nothing in this material constitutes an offer, solicitation, or recommendation to buy or sell any security or to engage in any specific transaction. Before engaging Financely Group LLC, Ashford Capital Advisory LLC, or any affiliate, you are responsible for confirming that such engagement complies with your own legal, regulatory, tax, and other requirements. In the United States, certain advisory activities may be conducted in reliance on exemptions available under the Investment Advisers Act of 1940, including the “foreign private adviser” exemption where applicable. Our services and regulatory status may vary by jurisdiction and by transaction type.
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