A 'Pre-Advice' is a message sent by the Provider's bank advising of the anticipated assignment of a bank instrument to your client(s) account(s).

What is a pre-Advice wire?

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. ...

What is a pre advise L C?

A pre-advice is a brief advice of documentary credit sent by the Issuing Bank to the Advising Bank. This is to be followed by the LC instrument that contains all the details of the LC. It notifies the recipient that the named buyer has opened an LC for a specified amount on a named seller (beneficiary).