Do you get an acknowledgement slip after MT 799 for SBLC?

Yes, after sending an MT 799 message related to a Standby Letter of Credit (SBLC), the sending bank typically receives an acknowledgment slip confirming the successful transmission of the message. This acknowledgment serves as proof that the communication has been sent and received by the recipient bank. However, it's important to note that the MT 799 is a free-format message and does not contain any financial obligation; its purpose is primarily to communicate intentions or confirm details.