NNRV Trade Partners
Montreal HQ • Global Desks
RWA Statements — Proof of Capability & Commitment
A Ready, Willing, and Able (RWA) Statement is a bank letter that confirms a client’s financial capacity and commitment to perform a specific transaction. It accelerates negotiations, reduces counterparty risk, and unlocks complex, cross-border deals.
Trade • Real Estate • M&A • Project Finance
ICC-aware • KYC/AML & Sanctions
24–72h draft (eligibility-based)
Global issuing network
24–72h
Typical draft window
$1M–$500M+
Deal size comfort
100%
SWIFT-verifiable*
Global
Bank coverage
*When delivered by SWIFT message (e.g., MT799) as part of a larger instrument workflow.
What is an RWA Statement?
A formal bank letter confirming the client is ready (prepared), willing (committed), and able (financially capable) to enter and complete a defined transaction within a validity window.
Purpose & Importance
- Proof of capability — Demonstrates sufficient funds and banking support.
- Commitment — Signals serious intention to perform.
- Risk mitigation — Reduces fear of non-performance for counterparties.
- Cross-border trust — Useful when parties are new to each other or in different jurisdictions.
Key Elements Inside an RWA
- Client capability confirmation (funds / facility ready).
- Commitment to perform per contract or LOI/SPA/PO.
- Transaction details: amount, instrument flow, validity.
- Bank assurance: not a payment obligation, but strong comfort.
- Expiry terms and conditions precedent.
Note: An RWA is comfort/attestation; it is not a payment instrument. It often precedes LC/SBLC/BG issuance.
Common Uses of RWA Statements
International Trade
Assures sellers/buyers of financial readiness for large commodity and equipment deals.
Real Estate
Confirms buyer’s funds for acquisitions, developments, or JV entries.
Project Finance
Comfort to EPCs, sponsors, and lenders ahead of instrument issuance.
Mergers & Acquisitions
Signals ability to close, supporting exclusivity and SPA timelines.
Issuance Procedure
- Client request — Define transaction, parties, and target timelines.
- Financial review — Bank reviews balances, facilities, and risk.
- Drafting — Statement text prepared with transaction specifics.
- Issuance — Bank issues on letterhead or via SWIFT (as applicable).
- Submission — Provided to counterparties for verification and comfort.
Documents Required
- Company financial statements
- Recent bank statements (≈ 6 months)
- Transaction agreement / SPA / PO / LOI
- Trade license (if applicable)
- Passport/ID of authorized signatory
- Pro-forma invoice (where relevant)
Exact list varies by issuer, jurisdiction, and sector. Additional AML/sanctions checks may apply.
Advantages of Using an RWA
Enhanced Trust
Third-party bank comfort reduces doubt for new counterparties.
Smoother Negotiations
Accelerates term alignment and document workflows.
Security
Mitigates perceived risk of non-performance.
Faster Closings
Backed by banking support, deals move from LOI to execution sooner.
RWA / LC / SBLC / BG / POF / BCL Network — 30+ Banks
Below are frequent issuers/participants across corridors. BIC/SWIFT values are indicative; specific branches vary per file.
| Bank | Country/Region | BIC/SWIFT (click to copy) | Tier | Typical Use |
|---|---|---|---|---|
| JPMorgan Chase | USA | CHASUS33 | Top 50 Global | RWA, LC, SBLC |
| Citi | USA | CITIUS33 | Top 50 Global | RWA, LC, SBLC, BG |
| Bank of America | USA | BOFAUS3N | Top 50 Global | RWA, LC |
| HSBC London | UK | MIDLGB22 | Top 50 Global | RWA, LC/SBLC |
| HSBC Hong Kong | Hong Kong | HSBCHKHH | Top 50 Global | Trade corridors |
| Standard Chartered (Dubai) | UAE | SCBLAEAD | Top 50 Global | MENA/Africa |
| Standard Chartered (HK) | Hong Kong | SCBLHKHH | Top 50 Global | APAC |
| BNP Paribas | France | BNPAFRPP | Top 50 Global | EU trade |
| Société Générale | France | SOGEFRPP | Top 50 Global | Project finance |
| Crédit Agricole | France | AGRIFRPP | Top 50 Global | RWA, LC |
| Deutsche Bank | Germany | DEUTDEFF | Top 50 Global | Global trade |
| Commerzbank | Germany | COBADEFF | Top 50 Global | EU SMEs |
| ING | Netherlands | INGBNL2A | Top 50 Global | Benelux trade |
| ABN AMRO | Netherlands | ABNANL2A | Top 50 Global | Structured LC |
| Rabobank | Netherlands | RABONL2U | Top 50 Global | Agri/commodities |
| UBS | Switzerland | UBSWCHZH80A | Top 50 Global | Large caps |
| Barclays | UK | BARCGB22 | Top 50 Global | RWA, LC |
| NatWest Markets | UK | NWBKGB2L | Top 50 Global | UK/EU deals |
| DBS | Singapore | DBSSSGSG | Top 50 Global | APAC trade |
| OCBC | Singapore | OCBCSGSG | Top 50 Global | ASEAN |
| UOB | Singapore | UOVBSGSG | Top 50 Global | ASEAN |
| MUFG | Japan | BOTKJPJT | Top 50 Global | Global corporates |
| Mizuho | Japan | MHCBJPJT | Top 50 Global | Corporate SBLC |
| SMBC | Japan | SMBCJPJT | Top 50 Global | Structured trade |
| Bank of China | China / Global | BKCHCNBJ | Top 50 Global | Global corridors |
| ICBC | China / Global | ICBKCNBJ | Top 50 Global | Infrastructure |
| China Construction Bank | China / Global | PCBCCNBJ | Top 50 Global | Project-heavy |
| Emirates NBD | UAE | EBILAEAD | Top 50 Global | GCC trade |
| First Abu Dhabi Bank | UAE | NBADAEAA | Top 50 Global | Oil & gas |
| Qatar National Bank | Qatar | QNBAQAQA | Top 50 Global | GCC projects |
| Saudi National Bank | Saudi Arabia | NCBKSAJE | Top 50 Global | Energy corridors |
| RBC | Canada | ROYCCAT2 | Top 50 Global | North America |
| TD | Canada | TDOMCATT | Top 50 Global | USD/CAD |
| Scotiabank | Canada | NOSCCATT | Top 50 Global | Americas |
| Itaú Unibanco | Brazil | ITAUBRSP | Top 50 Global | LatAm trade |
| Banco do Brasil | Brazil | BRASBRRJ | Top 50 Global | Public sector |
| Bank Hapoalim | Israel | POALILIT | Top 50 Global | Multi-currency |
| Bank Leumi | Israel | LUMIILIT | Top 50 Global | Corporate |
| PG Asia Investment Bank | Malaysia | AINEMY22 | Specialty Trade | RWA, LC/SBLC |
| Dushanbe City Bank | Tajikistan | LCMDTJ22 | Specialty Trade | Frontier markets |
| Standard Commerce Bank | USA | STDMDMDMXXX | Specialty Trade | Project/commodities |
| Asia Pacific Investment Bank | Malaysia | ASPMMYKL | Specialty Trade | APAC corridors |
| Credit Foncier IM & Export GmbH | Germany | CFEGDE82 | Specialty Trade | EU SMEs |
| Sapelle International Bank (Liberia) | Liberia | GNERLRLM | Specialty Trade | Frontier deals |
| Unibanque | UK | UNBQGB22 | Specialty Trade | UK-regulated |
| Al-Amanah Islamic Investment Bank | Philippines | AIIPPHM1XXX | Specialty Trade | Sharia-compliant |
| Point Bank | UK | POITGB21 | Specialty Trade | Agile issuance |
| Ace Investment Bank | Malaysia | AIBMMYKL | Specialty Trade | Short-term deals |
| Tabarak Investment Capital | UAE | TIBIAEADXXX | Specialty Trade | MENA exports |
| United Bank for Investment | Iraq | UNTVIQBAXXX | Specialty Trade | Regional trade |
| Golden Touch Investment Bank | Malta | GTIVMT2LXXX | Specialty Trade | Private structuring |
| ABC Banking Corporation | Mauritius | ABCKMUMU | Regional / Development | Commodity flows |
| Maubank Ltd | Mauritius | MPCBMUMU | Regional / Development | Offshore structuring |
| Mauritius Commercial Bank | Mauritius | MCBLMUMU | Regional / Development | Pan-African |
| Exim Bank Tanzania | Tanzania | EXTNTZTZ | Regional / Development | East Africa |
| International Commercial Bank | South Sudan | ICOCSSJBXXX | Regional / Development | SSA trade |
| UBA (Mozambique) | Mozambique | UNAFMZMA | Regional / Development | SADC corridors |
| Euro Exim Bank | St. Lucia | EULULCL1XXX | Specialty Trade | Flexible routing |
Start a Secure RWA Mandate
All submissions are encrypted in transit. We may decline files that present elevated compliance or reputational risk.
Client Reviews (10)
L. Moreau — Infra EU ★★★★★
“RWA comfort letter cleared our tender pre-check in 48h.”
S. Al-Nasser — EPC GCC ★★★★★
“Sequenced RWA → MT799 → MT760 flawlessly.”
M. Singh — Steel IN ★★★★☆
“Two edits on wording; then instant acceptance.”
J. Cohen — Real Estate CA ★★★★★
“Helped us win the exclusivity window with sellers.”
A. Flores — Commodities LATAM ★★★★★
“Counterparty comfort achieved without delays.”
T. Wang — Tech APAC ★★★★★
“Bank panel matched our corridor perfectly.”
N. Diallo — Agro SSA ★★★★★
“Compliance handled proactively; zero rework.”
R. Russo — M&A EU ★★★★★
“RWA + POF combo removed seller’s doubts.”
H. Park — Energy KR ★★★★★
“Clear fee schedule; professional drafting.”
F. Ade — Logistics WA ★★★★★
“Timelines were accurate; strong guidance.”
Frequently Asked Questions (15)
1) Is an RWA a payment guarantee?
No. It is a bank attestation of capability/commitment. For payment guarantees, issuers use LC/SBLC/BG structures.
2) Can an RWA be sent over SWIFT?
Yes, commonly via MT799 as part of a larger workflow (e.g., pre-advice before LC/SBLC issuance).
3) How long is an RWA valid?
Typical validity is 5–30 days, aligned to deal milestones. Extensions require bank consent.
4) What triggers rejection?
Incomplete KYC, unclear transaction details, sanctions red flags, or mismatched wording to bank policy.
5) Can we use RWA for real estate?
Yes—frequent for acquisitions/developments to show funds/commitment to sellers and lenders.
6) Is audited financials mandatory?
Preferred for corporates; smaller entities may provide management accounts and bank statements.
7) Can we pair RWA with POF/BCL?
Yes. Many counterparties request RWA plus Proof of Funds or Bank Comfort Letter for added assurance.
8) Does RWA guarantee SBLC issuance?
No—RWA is a comfort step. SBLC/LC/BG issuance remains subject to full approval and terms.
9) What fees apply?
Fees depend on issuer, corridor, and urgency. We disclose all costs transparently before drafting.
10) Can individuals request RWA?
Yes, for large real estate or private deals, subject to full KYC and source-of-funds validation.
11) Which currencies are supported?
Major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD) plus regional units per issuer policy.
12) Do you coordinate with our bank?
Absolutely—we can align wording, timelines, and instrument sequencing with your bank counsel.
13) Can RWA be used for tenders?
Yes—buyers/sponsors often request RWA or POF during pre-qualification to establish credibility.
14) Data privacy & security?
Transport encryption, access controls, and privacy commitments; we comply with applicable laws.
15) How fast can we start?
Intake within 24–48h. Draft windows typically 24–72h after complete documents, subject to issuer capacity.
Compliance & Standards
All cases undergo KYC/AML & sanctions screening. RWA wording is aligned to issuer policy and corridor requirements. We may decline engagements presenting elevated compliance or reputational risk.