POF/Pre Advise/RWA

In letters of credits, at the request of an applicant, the issuing bank may give a pre-advice/POF/RWA of issuance and/or amendment of the letter of credits. A pre-advice/POF/RWA is usually marked with a reference such as “full details to follow”. Unless otherwise stated, the pre-advice/POF/RWA irrevocably commits the issuing bank to issue/amend the credit in a manner consistent with the said pre-advice/POF/RWA. See amendment; advising bank; issuing bank; letter of credit.

 

 



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