GetFunded - Open Development is one of the most trusted trade finance solution providers in the UK who is here to help you keep your supply chain moving smoothly in order to lead you to business growth.
Receive an extra confirmation on your transactions with pre-advice messages. With our pre-advice message services, we’ll ensure you an effective and timely service enabling you to have peace of mind without having to go through complex banking paperwork processes.
A pre-advice message is a message sent between two banks that are involved in a transaction to ensure the safety of the wire transfers when large sums of money are involved. It is issued by one bank to another bank notifying the issuance of documentary credit and advising receiving bank to sends their acknowledgement. The main objective of the message is to reconfirm all the details provided by the recipient is correct before the wire transfer and get assured that the beneficiary has a way to withdraw money from the bank. The advising bank will also notify the beneficiary without opening advice of credit thus enabling the seller to reconfirm to process the buyer’s order.
Get in touch with us today and our team will get back to you to help you arrange pre-advice messages
with the bank.