Scam patternsbcl
BCL
Bank Comfort Letter — a vague 'comfort' letter with no payment obligation; a credibility prop in scam procedures.
A Bank Comfort Letter (BCL) is a letter in which a bank states, in non-committal terms, that a client has funds or capacity, without undertaking any payment obligation. It is not a recognised UCP instrument and carries no settlement weight. In the broker-scam circuit a BCL, like an RWA or MT799, is demanded or offered to manufacture credibility before any real payment instrument exists. A BCL is not a guarantee.
See also