„Advice“

1. A report from one party to another informing them of an occurrence with regard to some business transaction: a shipment, a collection, a manufacture etc.etc.

2. A notification by an advising bank on behalf of the issuing bank to a beneficiary informing them of the terms of a letter of credit,

Source:

Krugman, P., Obstfeld, M., & Melitz, M. (2015). International Economics: Theory and Policy. 10th Edition. Pearson Education Limited.