Pre-Advised LC via MT799 – Early Notification Before Full LC Issuance
Secure Intent Confirmation | Swift Message MT799 | Reduce Risk & Gain Time for Preparation
⚠️ Want a Buyer’s Bank to Confirm LC Is Coming—Before It’s Issued?
A medical equipment exporter almost turned down a $2.8M deal due to buyer delays. NNRV structured a Pre-Advised LC via MT799, confirming the buyer’s bank was ready to issue the LC. One week later, the MT700 followed. Shipment secured.
🧠 “Without the pre-advice MT799, we would’ve lost the deal. NNRV’s approach saved time and gave us leverage.” – Olivia S., Healthcare Supply Director
What is a Pre-Advised LC via MT799?
A Pre-Advised LC is an official SWIFT message (MT799) sent by the issuing bank to notify the advising bank and the seller that a Letter of Credit (usually MT700) will be issued shortly. It does not yet constitute a payment obligation but serves as a commitment of intent.
This tool is essential when sellers need early proof of financial backing, especially in sensitive or time-critical trades. At NNRV, we structure MT799 pre-advices that include all key LC terms for pre-verification and peace of mind.
🧠 “We used MT799 pre-advice in five EPC deals—no more shipment delays.” – Karim D., Engineering Procurement Coordinator
Key Benefits of Pre-Advised LC via MT799
✅ Early Bank Commitment – Know the LC is coming before it’s live.
✅ Reduce Commercial Risk – Prepare documents and logistics with confidence.
✅ Time-Saving – Avoid unnecessary delays from last-minute clarifications.
✅ Secure Buyer Intent – Especially useful when working with new or overseas clients.
✅ SWIFT-Compliant & Globally Recognized – A standard pre-issuance procedure.
How Does a Pre-Advised LC via MT799 Work?
Buyer Applies for LC – Requests their bank to send a pre-advice.
Issuing Bank Sends MT799 – Detailing that a full LC will follow.
Advising Bank Receives and Notifies Seller – Confirming receipt of pre-advice.
Seller Prepares for Shipment – Starts documentation and logistics.
Full LC Issued via MT700 – Final structure is sent and payment commitment activated.
📂 Documents Required for MT799 Pre-Advised LC
To initiate a Pre-Advised LC via MT799, the following elements are needed:
📌 Draft LC Terms – Including value, expiry, port of shipment, etc.
📌 Buyer–Seller Contract – Signed trade agreement.
📌 Corporate KYC & Compliance – For both parties.
📌 SWIFT-Enabled Bank Details – For sender and receiver.
📌 Transaction Memo – Optional internal approval trail.
🏦 Trusted Banks for Pre-Advised LC via MT799
NNRV collaborates with reliable global institutions for MT799 pre-advice messaging:
| Bank Name | SWIFT Code | Advantages | Disadvantages | Pre-Advice Fees | Pre-Advice Time | Min. Transaction | Message Types |
|---|---|---|---|---|---|---|---|
| HSBC Hong Kong | HSBCHKHHXXX | Fast MT799 messaging, ideal for urgent deals | May request upfront LC draft | $800–$1,500 | 1–2 days | $500K | MT799, MT700 |
| BNP Paribas HK | BNPAHKHHXXX | Strong EU recognition, easy follow-up with MT700 | Selective sectors only | $700–$1,200 | 1–3 days | $500K | MT799, MT700 |
| Credit Foncier GmbH | CFEGDE82 | Reliable for EPC & industry contracts | Longer setup times | $900–$1,400 | 2–4 days | $500K | MT799, MT700 |
| Standard Commerce USA | STDMDMDMXXX | Efficient in US-based trade operations | Not suitable for all currencies | $700–$1,300 | 2–4 days | $500K | MT799, MT700 |
| ABC Bank Mauritius | ABCKMUMU | Great for Africa–Asia trade confirmations | May require additional AML docs | $500–$1,000 | 1–3 days | $250K | MT799, MT700 |
(📩 We assist with pre-advice wording and LC follow-through.)
🎯 Why Use a Pre-Advised LC?
| 🔒 Feature | ✅ Benefit |
| Early Buyer Bank Notification | Be alerted before full LC is issued |
| Prepare Documents Confidently | Pre-check shipment, invoice, and logistics |
| Faster Execution | Reduce waiting time for LC issuance |
| Secure Buyer Commitment | Avoid last-minute withdrawals or surprises |
| UCP 600 Alignment | All terms previewed in advance |
🛠️ Our 5-Step Process
Collect draft LC terms and seller agreement
Buyer bank sends MT799 pre-advice
Advising bank notifies beneficiary (you)
Shipment preparations begin
Final MT700 LC issued with matching terms
🔍 MT799 Pre-Advice vs Other Instruments
| Instrument | Purpose | Best Use Case | Binding Obligation |
| MT799 Pre-Advice | Notification of LC intent | Early trade validation | ❌ (Intent only) |
| MT700 LC | Full LC commitment | Secure payment instrument | ✅ |
| MT760 SBLC | Conditional guarantee | Backup assurance | ✅ |
| MT199/999 | Free-format messaging | Informal or draft communication | ❌ |
Why Choose NNRV Trade Partners for Pre-Advised LC Setup?
🔒 SWIFT Messaging Expertise
✅ MT799 & MT700 Structuring Combo
📄 Draft Validation Before Final LC Issuance
🌍 International Bank Coordination
📁 Trade Finance Compliance Guidance
💲 Pre-Advice Fee Notes
Fees depend on:
• Bank and jurisdiction
• Sector and compliance checks
• Urgency and LC value
🔹 Ask us for a precise quote based on your deal.
🧠 Real Testimonials
“The MT799 gave us leverage with customs and logistics. Brilliant tool.”
– Paul R., Petrochemical Exporter – South Africa
“Everything matched between the MT799 and the LC. We shipped without stress.”
– Aline B., High-Tech Exporter – France
📚 What Makes Us Different?
✔️ Draft-to-Issuance Flow Support
✔️ MT799 Message Customization
✔️ Buyer & Seller Alignment Strategy
✔️ Turnaround in Less Than 48 Hours
📌 From $250K to $100M+ LC pre-advices handled securely
❓ Top 5 FAQ – Answered by Experts
Is MT799 binding? No. It’s a promise to issue, not a payment guarantee.
What if the final LC doesn’t match the MT799? We flag this during draft review to prevent discrepancies.
Can I request changes after MT799 is sent? Yes, but best done before MT700 is issued.
Can MT799 be used for SBLC too? Yes. MT799 can also pre-advise upcoming SBLCs.
Is MT799 used globally? Yes. It’s a SWIFT-recognized message format worldwide.
🔗 Related Services
• MT700 LC Structuring
• MT760 SBLC Issuance
• Trade Credit Confirmation
• Compliance Pre-Check Services
📖 Strategic Blog Posts
• What is MT799 and How Does It Work?
• The Value of Pre-Advised LCs in International Trade
• MT799 vs MT700: Differences You Must Know
🚀 Get Your MT799 Pre-Advised LC Today!
Secure early buyer bank intent. Build confidence. Reduce trade delays. Let NNRV help structure your pre-advised LC via MT799.
📩 Book a Pre-Advice Consultation Now
☎️ Talk to a Structuring Expert | 🌍 SWIFT-Compliant | ✅ MT799 + MT700 Delivery