The AltFunds Global

Why Issuers Require MT799 for SBLC Success


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The MT799 is the moment a deal becomes real—and most people have no idea how powerful it actually is.


In this episode, we demystify one of the most misunderstood pieces of the SBLC process: the MT799. It’s more than a message—it’s the backbone of trust, compliance, and credibility in major financial transactions.


In this episode we cover:
• What an MT799 actually is—and why SBLC deals collapse without it
• How MT799 functions as true bank-to-bank proof of funds (not the “fake” kind people talk about online)
• Why banks rely on it for trust, compliance, and regulatory protection
• The step-by-step role MT799 plays before an SBLC is issued


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The AltFunds GlobalBy Taimour Zaman