Yes. Upon request, Prominence Bank can issue a Readiness, Willingness & Ability (RWA) confirmation for existing clients whose accounts are active and in good standing, subject to full verification and internal due diligence. RWA confirmations are delivered via SWIFT or KTT, and—when applicable—may also be displayed through our Document Verification Portal on our website for third-party validation. Fees apply; please refer to our Fees Table in the website’s Fees section for current charges related to RWA, bank comfort letters, or similar confirmations.
Please note: an RWA is not required by Prominence Bank to receive an incoming KTT. We will credit the KTT transaction exactly as received from the remitting bank once our compliance checks are complete.
If your counterparty requires an Irrevocable Payment Guarantee (IPG) or other binding bank instrument (e.g., SBLC/BG/LC/MT760), this is available only under a separate application, with collateral and instrument-specific fees, and remains subject to full due diligence and approval.
Clients must maintain the required minimum available balance and coverage for the 1.5% KTT fee.
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