A Ready Willing and Able Letter (RWA Letter) is a bank instrument that verifiy’s a bank or financial institution is Ready Willing and Able (RWA) to proceed on behalf of a client in any number of various financial transactions. An RWA Letter is usually sent from a buyer’s bank to the seller’s bank and is commonly sent together with a SWIFT MT-799. While an RWA Letter is sometimes issued without a SWIFT message bank to bank, it carries more weight for buyers and investors if it is sent in conjunction with a SWIFT MT-799. If an RWA Letter is required by itself, and a SWIFT transaction is not required by the seller, a bank or trust can send a Ready Willing and Able Letter (RWA) by other less common means as requested by the seller or the sellers bank.
Begin the process to obtain your RWA letter today!
With this document, the bank confirms:
* The asset is good, clear, clean and non-criminal origin
* The asset does not have any kind of external constraint
* The activity can be confirmed by SWIFT MT799 – MT760
It must be signed by two officials of the bank and stamped by the bank. with
this document, the bank agrees to the release of Swift MT-760 must indicate the bank of the customer.
Click here to Inquire about obtaining an RWA letter to show that your bank is Ready Willing and Able.
A Rwa letter is a document issued by a bank on behalf of a client to prove his readiness and his intent to participate in a financial transaction. The letter is issued by one bank to another, usually with Swift MT799.
The letter RWA can be released without a swift from bank to bank, but this gives strong validity and strength to the applicant if it is done.
If it is required a swift MT799 Letter may be issued by courier copy, by fax, Key Tested Telex, fax or secure.
RWA Letters are sometimes reffered to as Bank Comfort Letters or known as a Bank Capability letter as well.
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