We need the following documents/ information for finalizing the draft -
It is one type of document issued by the bank or financial institutions on behalf of clients, demonstrating intent and capability to enter into a financial transaction. RWA's are often also referred to as bank comfort letters.
What is a proof of funds?
It is also one type of document or a bank statement that demonstrate that a person/business/company has the ability and the money to finalize a transaction. It's main purpose is to ensure that the financial ability need for the transaction are procurable and legitimate. It is often used for funding projects that requires large amount of money to invest in, specially in real estate transactions.