Commodities|FAQs|Videos|Case Studies
Commodities|FAQs|Videos|Case Studies


Bank Comfort Letter Process

Are you facing financial shortages to show your financial strength to your supplier? Follow the simple process to avail Bank Comfort Letter – MT799 from our own European Bank Accounts without blocking cash funds. 

  1. Buyer submits their request along with ICPO, FCO, Pro-forma offer, or sales contract of their trade deal.
  2. Next, BWT will perform an analysis of their trade deal between buyer and seller. Also, we will inform the parties about the approval or rejection of their BCL request.
  3. And then, if the request is approved, we will ask the buyer to sign the service agreement,
  4. After that, we will start structuring their BCL request with our bank by blocking our bank limit. And then, we will send the Comfort Letter draft for the client’s approval.
  5. then we will instruct our bank to issue the Bank Comfort Letter. Accordingly, our Bank will transmit the BCL to the seller’s bank via authenticated Swift MT799. Further, this Swift MT799 proves the buyer’s fiscal ability to sign the contract. 
Bank Comfort Letter – MT799 – BCL MT799

Submit Your Requirements

We will get back to you within 24 working hours

* Financial Instrument:


* Name:

* Country:

* Company Name:

* Telephone:

Cell Phone:


* Currency:

* Email:

* City:

* Company's Activity:

* How did you hear about us?

Please Specify:

* Purpose:

BCL MT799 Process Video

Latest Transaction

SWIFT MT799 Issued for a Libyan Trader

A Libyan client had a requirement of Letter of Comfort MT799 to prove their financial ability to import drilling rigs from US. Group Funding facilitated their MT799 and had it issued from one of our good rated banks on behalf of the buyer in favor of his supplier to assist the two parties with their drilling rig import deal. With the MT799, the buyer proved their capability to pay for the goods & sign the import contract with the supplier.

Do You Require BCL to Prove Your Financial Status?

Contact us now to get MT799 issued from Good Rated Banks!

Do You Require BCL to Prove Your Financial Status?

Contact us now to get MT799 issued from Good Rated Banks!

What is a Bank Comfort Letter?

Bank Comfort Letter, a written undertaking by a bank to assure the financial capability of their client to sign the contract. Further, this is issued on behalf of the buyer and in favor of the supplier to indicate the buyer’s financial capability to purchase bulk goods or commodities.

In today’s trade industry, suppliers always want to work with a financially competent buyer who can pay for the supplied goods on time without any default. That’s why, before signing the sales contract, sellers usually demand buyers to provide Bank Comfort Letters.

By providing the Bank Comfort Letters, buyers prove their financial ability to purchase the offered products and show their eligibility to do business in the global trade market. Further, it also helps to build a trust bridge between buyers and sellers; which is of utmost importance in overseas trade transactions.

BCL MT799 acts as an inexpensive way for buyers to show their financial strength to complete the purchase of bulk goods. Are you in need of a Bank Comfort Letters to show your financial status to your supplier? Now at Group Funding, we offer a simple and easy procedure to facilitate the required MT799 in as fast as 48hrs. Contact us now to get a FREE Quote for your BCL needs! 

Bank Comfort Letter

MT799 SWIFT Message

MT799, known as a confirmation Swift Message issued by a bank on behalf of their client to assure that he /she has enough funds to complete the deal as agreed. However, this swift message doesn’t provide any assurance or guarantee of payment to the counterparty.

If you’re going to import bulk goods from an overseas supplier and you need a BCL MT799 to sign the contract; then we can help you by providing MT799 from a top-rated European Bank.

Usually, Banks may demand tangible collateral to provide a Letter of Comfort on behalf of buyers. But, we at Group Funding assist the traders by providing BCL Bank on behalf of their company without obtaining any cash margin.

Once you submit your BCL request to us and all the formalities are done, we will instruct our bank to proceed with the issuance of BCL. And then, based on your trade deal, our bank notifies your supplier via SWIFT MT799. Further, this Swift Message shows your financial ability to buy bulk goods as per the signed contract.

Get SWIFT MT799 from International Repute Banks

Get SWIFT MT799 from International Repute Banks

How Letter of Comfort Works?

It works for buyer’s company showing their financial capability for purchasing the quantity of product as per their sales contract. This Letter of Comfort relays in the form of a SWIFT MT799. Once the seller received the swift message, they need to provide a valid POP (Proof of Products) to the buyer. Further, this acts as proof that the seller has the products in ready stock, as per the signed contract.

By the time, after receiving the POP from the seller, the buyer needs to provide a Letter of Credit or Standby LC or Bank Guarantee, in favor of the supplier; also, hereby the trade will be commenced.

Bank Comfort Letter Cost

The cost of BCL usually includes issuance fee, advising fee, transmission fee; also, swift charges. Further, all the charges should be covered by the applicant; also, be paid to the issuing bank, prior to its issuance.

Get Bank Comfort Letter in 2 Days

Being an MT799 provider, we know that it is very hard for you to apply for BCL MT799 with a reputed bank; if you don’t have enough cash funds available. This is because, usually, banks will not issue an MT799 without blocking cash funds. So, if you’re not ready with a hefty amount of collateral; and then obviously your bank will decline your BCL request. 

Here we come for facilitating BCL MT799 on behalf of buyers by blocking our own bank limits. Group Funding has 3 plus decades of trading experience in serving the trade finance needs of clients worldwide. Also, we understand the financial challenges faced by buyers & suppliers when it comes to importing bulk goods from overseas. To support them with their trade finance needs, we are always available by having our own bank facilities available with European Banks.

Do you require BCL Letter from Bank to sign a new trade deal or contract? Contact us today! We provide a quick and simple procedure that will allow you to avail the required BCL MT799 in just 2 days to carry out your business without any hassle. Avail BCL Bank from us and show your financial capability for concluding larger contracts & trade deals!

Apply now to avail BCL MT799BCL MT799 within 48 working hours!

Get Letter of Comfort –BCL MT799 in just 2 Days!

Get Letter of Comfort –BCL MT799 in just 2 Days!

The Website Content is DMCA Protected.