POF vs RWA
POF proves the buyer has the cash. RWA proves the buyer's bank is ready to open the payment instrument. Sellers usually want both.
At a glance
| Criterion | POF | RWA |
|---|---|---|
| Issued by | Buyer's bank or fiduciary | Buyer's bank only |
| Strength | Shows funds exist | Shows bank will open LC/SBLC |
| Turnaround | 1-2 banking days | 3-5 banking days |
| Fee | Low or none | Handling fee |
| Validity | 30 days typical | 10-30 banking days |
Use RWA when
Use the RWA when the seller wants confirmation that the bank will actually open the LC or SBLC.
Get the RWA template →FAQ
Is POF enough by itself?
For small trades yes. For large LC-backed trades, sellers usually escalate to RWA.
Can a private bank issue RWA?
Only if it is a licensed institution that can open the payment instrument.