🌍 What is a Pre-Advice MT799 for SBLC?

A Pre-Advice MT799 is a SWIFT message sent by a financial institution to confirm its intention to issue a Standby Letter of Credit (SBLC). This message serves as an initial notification to the beneficiary (seller or supplier) that the issuing bank is in the process of arranging the SBLC, providing assurance before the full financial instrument is issued.

The MT799 is a non-binding message, meaning it does not legally obligate the bank to issue the SBLC. However, it reassures the recipient that the bank has received instructions to proceed with the SBLC issuance, creating trust between trading parties in high-value international transactions.

📌 How Does a Pre-Advice MT799 Work?

1️⃣ Buyer Initiates the SBLC Request – The buyer submits an application to their bank to issue an SBLC in favor of the seller.
2️⃣ Issuing Bank Sends MT799 Pre-Advice – The issuing bank sends an MT799 message via SWIFT to inform the seller’s bank of the pending SBLC issuance.
3️⃣ Seller Receives Assurance – The seller receives the pre-advice and can proceed with preparing the goods or services, knowing that a financial guarantee is forthcoming.
4️⃣ Full SBLC Issuance (MT760) – After due diligence, the issuing bank follows up by sending the MT760 message, officially issuing the SBLC.
5️⃣ Transaction Completion – The seller fulfills their contractual obligations, and once the conditions of the SBLC are met, the bank releases the payment.

✅ Result: This process ensures smooth international trade by reducing risk and enhancing confidence between buyers and sellers.

🔍 Key Features of MT799 Pre-Advice for SBLC

✔ Bank-to-Bank Confirmation – The MT799 provides official confirmation from the issuing bank that an SBLC is being arranged.
✔ Builds Trust & Security – Sellers receive assurance before shipping goods or starting service contracts.
✔ Facilitates High-Value Transactions – Commonly used in global trade, commodities, and large infrastructure deals.
✔ Fast Processing & Execution – The pre-advice allows sellers to prepare for delivery while waiting for the official SBLC (MT760).
✔ Non-Binding Notification – The MT799 does not legally bind the issuing bank but provides an early signal of commitment.

🛠 Who Needs a Pre-Advice MT799 for SBLC?

✔ Importers & Exporters – Provides security in global trade deals before full SBLC issuance.
✔ Commodity Traders – Used in oil, gas, minerals, and bulk commodities to confirm financial readiness.
✔ Project Financiers – Secures investment transactions by confirming funding availability.
✔ Manufacturers & Suppliers – Ensures confidence before starting production or delivery.
✔ Real Estate Developers – Used in large property transactions to confirm financial guarantees.

🔹 Why Use an MT799 Pre-Advice Instead of an Immediate SBLC?

📄 Required Documents for a Pre-Advice MT799 SBLC

✔ Letter of Intent (LOI) – A formal request stating the transaction details and need for a pre-advice.
✔ Sales Contract / Proforma Invoice – Defines the transaction structure and terms.
✔ Company Registration Documents – Business license, incorporation certificate, ownership details.
✔ Financial Statements (6-12 Months) – Audited reports & bank statements.
✔ Letter of Credit Application Form – Specifies SBLC terms & structure.

🏦 Our Partner Banks for Pre-Advice MT799 SBLC Issuance

We collaborate with top-tier international banks to issue MT799 pre-advice SBLCs, ensuring secure and seamless global trade transactions.

🔹 HSBC Bank (Hong Kong) – SWIFT: HSBCHKHHXXX
🔹 BNP Paribas (France) – SWIFT: BNPAFRPP
🔹 Mashreq Bank (UAE) – SWIFT: BOMLAEAD
🔹 Standard Chartered Bank (Dubai) – SWIFT: SCBLAEAD
🔹 Bank of China (Hong Kong) – SWIFT: BKCHHKHHXXX
🔹 UOB Bank (Singapore) – SWIFT: UOVBSGSG
🔹 Credit Agricole (France) – SWIFT: AGRIFRPP

📢 All SBLCs comply with ICC UCP 600 and ISP98 regulations.

💡 Why Choose NNRV Trade Partners for MT799 Pre-Advice SBLC?

✔ Global Trade Finance Expertise – Our team provides tailored trade finance solutions to optimize your transactions.
✔ Strong Banking Network – Secure SBLC confirmations from top international banks.
✔ Fast Processing & Approval – We ensure a quick turnaround for urgent transactions.
✔ Comprehensive Risk Management – Our SBLC solutions reduce exposure to payment risks.
✔ End-to-End Transaction Support – From pre-advice MT799 to full SBLC issuance, we ensure a seamless process.

📢 Apply for a Pre-Advice MT799 SBLC Today!

🚀 Secure your trade transactions with a Pre-Advice MT799 SBLC from NNRV Trade Partners.

📩 Contact us now to set up your MT799 pre-advice and enhance your international trade security!