Import LC Issuance User Manual
Contents
1. Attribute Template System displays the Attribute Format Select the format of the attribute The adjoining drop down list displays the following options e PDF 2s ORACLE 2 2 1 2 e RTF Attribute Locate System displays the attribute locate View Click View to view the advice Checklist Tab Click on the Checklist tab to invoke the following screen Documents Main Advices Checklist 1 Of 1 Checklistitem Mandatory Verified Comments You can specify the following details Checklist Item Specify the checklist item Mandatory Check this box to indicate that the verification is mandatory Verified Check this box to indicate that the fields are verified Comments Specify the comments if any In Import LC Issuance process Document Upload feature is not available in all the stages Its availability in this process is given below Dot Upload Available View waila Stage Title Function Id Callform p i ble Not f INot Available f Exists Available Receive and ver ORDLCREQ Available Available Available ify LC import opening form and other documents Retrieve Customer ORDLCCLM Available Available Available Limit Details 2 6 ORACLE Doe Upload Available View Availa Stage Title Function Id Callform p ble Not INot Available2. Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks Closure Date Tolerance Text Stop Date Credit Pre Advice Type 7 Amount Pre Advice Date Mode Liability Dad Ta Makt Reference To Pre advice Credit Available With Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking Bank Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 Line 3 SDN Result Line 2 Line 4 Additional Information Line 1 Line 2 Line 3 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks Storage Details Storage Reference Place of Storage Date of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits 4 Customer Information Internal Blacklist Check Signature Verification UserDefinedFields Message Preview Prev Remarks Remarks netit Select an outcome as Proceed and then click Save The system displays the information message as The task is completed successfully The workflow reference number is xxx If you click Ok LC can be terminated Internal Blac
3. Limits Customer Information Internal Blacklist Check Signature Verification UserDefinedFields Message Preview Prev Remarks Remarks Andit In this screen you can view the applicant s details As per the bank s mandated policy you will have to perform the customer identification check This involves verification of customer address phone number etc You can enter the outcome of various stages in the Audit block for the verifier to make a decision After verification select the outcome as PROCEED and save the record by clicking the save icon in the tool bar The system displays the information message as The task is completed successfully The workflow reference number is xxx You can continue with the process of creating LC only when the customer passes these checks Select the outcome as PROCEED and save the record by clicking the save icon in the tool bar to continue with the subsequent KYC checks Select the outcome as REJECT and save the record by clicking the save icon in the tool bar to move the task to Inform Regulatory Internal authorities on AML checks failure Click Ok button You will be taken back to the Verify Prospect Contact Details screen Click Exit button to exit the screen The task is then moved to the next activity Verify Nature Details of Transaction The bank may decide whether or not to enter into a relationship with the prospect or to continue relation
4. You can view the customer details in this screen If the customer information is complete then select the outcome as Proceed and save the record by clicking save icon in the tool bar The system displays the information message as The task is completed successfully The workflow reference number is xxx Click Ok button You will be taken back to the Verify Prospect Customer Details screen Click Proceed button to exit the screen The task is then moved to the next activity Click Reject button to go back to the Verify Customer Details ae ORACLE 2 2 7 2 2 8 2 2 9 SDN Check In this stage the bank checks the applicant s name for terrorism related black listing against the SDN database maintained by the Office of Foreign Assets Control OFAC In case of a no match the process proceeds In case of a match positive partial you can verify the match again using the OFAC guidelines A system Task is created which invokes the external service to do the SDN check for all new applicants and any existing customers whose information is modified Verify SDN Match The bank checks the applicant s name for terrorism related black listing against the SDN database maintained by the Office of Foreign Assets Control OFAC In case of a no match the process proceeds In case of a match positive partial you can verify the match again using the OFAC guidelines Users belonging to the user r
5. ORACLE 2 2 6 Verify Prospect Customer Details Users belonging to the user role CEROLE Compliance Executive can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Sub process AML task to acquire it The system displays the information message as The task was successfully acquired If you have requisite rights double click on the task in your Acquire task list and invoke the following screen You can invoke the screen by typing ORDAMLCV at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New E3 Enter Query Workflow Reference Priority Low x Apllication Details Application Number Application Branch Application Category Application Date Application Priority Low Application Status LC Details Customer Information Product Code Currency Product Description Contract Amount Product Type gt Expiry Date Contract Branch Customer Customer Name Documents Customer Information Prev Remarks Remarks Audi Outcome Click Document button to invoke Document Upload screen As a verifier you can view the uploaded documents Document Upload Document Upload 1 of 1 Document Category Document Type Document Reference Remarks Upload View Uninael
6. ser ORACLE 2 3 Click Ok button You will be taken back to the Store Documents screen Click Documents button to view the documents stored The following screen is displayed Documents Application Number Documents Verification 1 0f1 Document Code Documeht Description Upload View R Ter Viewing Import Export LC Origination Template After saving the LC process you can query the existing details using Import Export LC Origination Template screen You can this screen by typing ORDLCTEM at the top right corner of the Application Toolbar and clicking on the adjoining Arrow button ES Enter Query ProductType user Kererence Source Reference 7 Confirmation required n 7 Margin Money Applicable DER Preterences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text LC Details Storaae Details lt Currency Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks LOENEN Tolerance Text M Stop Date Credit Pre Advice Type Amount Pre Advice Date X Liabilif Mede ae ERIE Reference To Pre advice Credit Available With aiani Details a Other
7. adjoining drop down list and save the record The system will update the status of this stage as Verification Successful and move the task to the AML Check stage If the details are incorrect or insufficient select Reject from the adjoining drop down list and save the record The system will update the status of this stage as Verification Failed and move the task to the Modify details of import LC stage Remarks If verification is a failure you need specify remarks stating the reason for failure Step 2 Modify Details of Import LC Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities If you have required rights you can acquire this task from your task list and process 2 15 ORACLE it further You can invoke the screen by typing ORDLCMDY at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New E3 Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status Product Code Contract Branch Operation Code Contract Reference Source Code FLEXCUBE User Reference Confirmation required Source Reference Product Description Product Type Margin Money Applicable WEW Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Detai
8. 013 09 03 Low i My Islamic Tasks 40 18 28 18T My Loan Tasks Es Retaill endinnANA7 Annlicatinn Innut 2013 na na 1 we My Reminders i m Panding Tacve Quick View Quick View Detail E SLA Standard Acquired 1 Assigned 18 Completed 0 Pending 0 gt Supervisor 0 Supervisor Today Select the required task and click Acquire button to acquire it The system will display the following screen The system displays all details captured in the previous stage However you can modify them Additionally you can also check limits details of the customer Click Limits button and invoke the following screen You can invoke the screen by typing ORDLCCLM atthe top right corner of the Application tool bar and clicking the adjoining arrow button Customer Limit Details E New amp Enter Query Liability Number 1 Of 1 Line Code Line Serial Line Currency Limit Amount Available Limit Here you can view the following details e Liability Number e Line Code e Line Serial e Line Sanctioned e Available Limit ae ORACLE e Limit Expiry Date Click OK button to return to the Retrieve Customer Limit Details screen Outcome If limits are insufficient for processing an LC select InsufficientLimit from the drop down list adjoining Outcome in the Retrieve Customer Limit Details screen You may then notify the customer of the negativ
9. Details Type of guarantee _ ic INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking Bank Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 Line 3 SDN Result Line 2 Line 4 Additional Information Line 1 Line 2 Line 3 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks m Previous Remarks Remarks Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits Customer Information Internal Blacklist Check Signature Verification UserDefinedFields Specify the Application number to view the existing records through this screen Users belonging to any kind of role can perform this activity 2 28 ORACLE C CCSEROLE visiini 2 2 CEROLE ee ee ee ee ee ee 2 18 CMROLE ee ee ee ee ee 2 22 CSDDOCVY ee 2 28 L LCDTROOT ee ee 2 2 O ORDAMLAL ee ee 2 24 ORDAMLBL ee 2 21 ORDAMLCY ee 2 18 ORDAMLRB ee 2 20 ORDAMLSM ee 2 19 ORDAMLVD ee 2 22 ORDAMLVT ees ee 2 23 3 Function ID Glossary ORDLCALC eie 2 10 ORDLCCLM ee 2 9 ORDLCCRT eie 2 26 ORDLCIPD nisinsin 2 12 ORDLCLNM ee eie 2 25 ORDLCMDY ee 2 16 ORDLCRAD ee 2 11 ORDLCREO ee ese 2 2 ORDLCTEM ee ee 2 28 ORDLCVER ees ese 2 15 ORDSTDOC ee 2 27 R RCHROLE iese sesse denne 2 20 T TEEROL
10. E vrnie 2 11 TFMROLE ees see ee ee ee 2 15 ORACLE
11. Exists Available Check for limit ORDLCALC Available Available Available approval Notify prospect ORDLCRAD Available Available Available customer on nega tive status of limit Input details of LC ORDLCIPD Available Available Available import issuance Verify details of LC ORDLCVER Available Available Available import issuance Modify details of ORDLCMDY Available Available Available LC import Verify prospect ORDAMLCV Available Available Available customer details SDN check Verify SDN Match Available Available Available Inform Regulatory ORDAMLRB Available Available Available Internal authori ties on AML checks failure Internal blacklist ORDAMLBL Available Available Available check Verify Prospect ORDAMLVD Available Available Available Customer Contact Details Verify Nature ORDAMLVT Available Available Available Details of Transac tion Obtain Additional ORDAMLAI Information Sub process AML checks Arrange for TD ORDLCLNM Available Available Available Create import LC ORDLCCRT Available Available Available in FLEXCUBE Store Document ORDSTDOC Available Available Available Viewing Customer Details Click Customer Information button in the Receive and Verify screen and invoke the Customer Details screen ORACLE Customer Details E New amp Enter Query Customer Information Customer No Full Name o Existing Customer Contact Information Permanent Addr
12. ORACLE Import LC Issuance User Guide Oracle FLEXCUBE Universal Banking Release 12 0 2 0 0 Part No E49740 01 September 2013 Import LC Issuance User Guide September 2013 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwide Inquiries Phone 91 22 6718 3000 Fax 91 22 6718 3001 www oracle com financialservices Copyright 2007 2013 Oracle and or its affiliates All rights reserved Oracle and Java are registered trademarks of Oracle and or its affiliates Other names may be trademarks of their respective owners U S GOVERNMENT END USERS Oracle programs including any operating system integrated software any programs installed on the hardware and or documentation delivered to U S Government end users are commercial computer software pursuant to the applicable Federal Acquisition Regulation and agency specific supplemental regulations As such use duplication disclosure modification and adaptation of the programs including any operating system integrated software any programs installed on the hardware and or documentation shall be subject to license terms and license restrictions applicable to the programs No other rights are granted to the U S Government This software or hardware is developed for general use in a variety of information management applications It is not developed or intended for use in any inhe
13. The task is completed successfully The workflow reference number is xxx Click Ok button You will be taken back to the Verify Partial Match screen Click Exit button to exit the screen The task is then moved to the next activity Inform Regulatory Internal Authorities on AML Checks Failure In case of a positive SDN match the bank informs the regulatory agency OFAC or any other similar agency about the SDN match of the prospect customer The bank may also inform its ay ORACLE 2 2 10 internal authorities in case of positive SDN match and or if the prospect customer is blacklisted internally Users belonging to the user role RCHROLE Risk and Control Head can perform these activities You can invoke this screen by typing ORDAMLRB in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button New E2 Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status Product Code B Contract Branch Operation Code Product Description Contract Reference Source Code FLEXCUBE User Reference Source Reference Product Type Confirmation required Margin Money Applicable ET Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text LC Details Currency
14. about the fields tabs and buttons in the screen Outcome After specifying all required details select Proceed from the adjoining drop down list and save the record Preferences Tab Click Preferences tab to specify the letter of credit preferences Contract Details E New amp Enter Query Workflow Reference Apllication Details Application Number Application Category Main Other Information Revolving Detail Revolves in Automatic Reinstatement Cumulative Status leer Nefined Static Priority Low Application Branch Application Date Source Reference OE Parties Parties Limits Shipment Documents Tracers Advices Issuing Bank Charges Units Frequency Next Reinstatement Date Derived Static __ Application Priority Low Application Status X Product Code B Contract Branch Operation Code 5 Product Description ConvadReleance Source Code FLEXCUBE Product Type User Reference Margin Money Applicable Amendments Reimbursement Type Currency Amendment Number Charges From Amount Acknowledgement Beneficiary Charge From Issuing Received Additional Amounts Bank Acknowledgement Date Covered Issuing Bank Acc Period For Presentation Issuing Bank Date Preferences Allow Prepayment Transferrable May Confirm Auto Status Change Related Reference m Customer Information Message Preview Documents Drafts Commission Charges Settleme
15. cks Failure 2 19 2 2 10 Internal Blacklist Check AR EA AR EA AA AR Re ee AR ee ke ee Re ek ee 2 20 2 2 11 Verify Customer Prospect Contact Details iii se AR ek AR ee ke 2 21 2 2 12 Verify Nature Details of TransaCHON ese ee EE AR ee Ak ee ee ee 2 22 2 2 13 Obtain Additional Information ee ee Ee eee Re EA AA ee ee ee ee ee 2 23 2 3 Viewing Import Export LC Origination Template iii ee ee ER Re AR ee ee ee 2 28 3 F nction ID Glossary is EIERS eee 3 1 1 1 1 2 1 3 1 4 1 5 1 Preface Introduction This manual is designed to help you quickly get acquainted with the workflow of Letter of Credit Issuance to Bank customers and features supported for the same in Oracle FLEXCUBE Audience This manual is intended for the following User User Roles Role Function Corporate Customer Service Collection of applications Executive Trade Finance Executive Updation of details of contracts Trade Finance Manager Verification and authorization of contracts Compliance Executive Performance of compliance details of all parties in a contract Compliance Manager Verification of compliance check carried out by Compliance Executive Documentation Accessibility For information about Oracle s commitment to accessibility visit the Oracle Accessibility Program website at http Awww oracle com pls topic lookup ctx acc amp id docacc Abbreviations The follow
16. e customer s confirmation you can check this box Once you save the record after checking this box the system will move the contract to the authorization stage Note If you save the contract without selecting any of the above fields then the contract will be moved to the authorization stage aN ORACLE Step 1 Verify Details of Import LC Users belonging to the user role TFMROLE Trade Finance Manager can perform these activities If you have required rights you can acquire this task from your task list and process it further You can invoke the screen by typing ORDLCVER at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New amp Enter Query Workflow Reference Apllication Details Application Number Application Category Product Code Product Description Product Type LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Credit Type Mode Credit Available With Details Other Details Type of guarantee Guarantee Date of informing Issuing Bank Deliver Dispatch of Advice Line 1 Line 2 Additional information Line 4 Regulatory Reporting Details Date of Reporting Storage Details Storage Reference Priority Application Branch Application Date Contract Branch Contract Reference User Reference Source R
17. e status of limits The system will move the task to the stage Check for limit approval If limit details are found to be acceptable select SufficientLimit from the drop down list and save the record The system will move the task to the next stage Input Details of Import LC Choose Save from the Actions menu or click save icon to save the record Step 3 Check for Limit Approval 2 2 3 Users belonging to the user role CCSEROLE Corporate Customer Service Executive can perform these activities If you have required rights you can acquire this task from your task list and process it further You can invoke the screen by typing ORDLCALC at the top right corner of the Application tool bar and clicking the adjoining arrow button Ad hoc Limit check E Same A Hod Documents Limits Customer Information Outcome If sufficient limits are not approved select Limit Not approved from the drop down list adjoining Outcome The system will move the task to the stage Notify the customer of the negative status of limits If limit details are found to be acceptable select Limit Approved from the drop down list and save the record The system will move the task to the next stage Input Details of Import LC Choose Save from the Actions menu or click save icon to save the record Notify Prospect Customer on Negative Status of Limit Users belonging to the user ro
18. eference ET Preferences Parties Parties Limits Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Amount Liability INCO Term INCO Description Date of Receipt of Authentication Line 3 Line 4 Line 2 Name of Regulatory Body Place of Storage Low Application Priority Low Application Status Operation Code Source Code FLEXCUBE STP Details Message SWIFT Message Free Format Text Issue Date Effective Date Tenor Expiry Date Expiry Place A Closure Date Stop Date Confirmation required Margin Money Applicable uto Closure Pre Advice Pre Advice Date Reference To Pre advice Back To Back LC Applicable Rule Rule Narrative Date of seeking Clarification Date of Seeking Approval SDN Check Details SDN Result Line 3 Remarks Date of Storage Prev Remarks Remarks Customer Information Internal Blacklist Check Signature Verification UserDefinedFields Message Preview Audit Outcome Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits Here the system displays all details captured in the Input Details of Import LC stage You can verify them You can navigate to all tabs and verify the data that has been entered or corrected Outcome If the details are acceptable select Approved from the
19. egory Application Date Application Status EI Product Code Contract Branch Operation Code Product Description paaa Source Code FLEXCUBE Product Type m User Reference CI Confirmation required Source Reference Margin Money Applicable ET Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text LC Details Currency Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks Closure Date Tolerance Text lt Stop Date Credit Pre Advice Type x Amount Pre Advice Date IT E Liabil Mode EE Reference To Pre advice Credit Available With nea n Bad Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee 5 INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking Bank Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 Line 3 SDN Result Line 2 Line 4 Additional Information Line 1 Line 2 Line 3 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks Storage Details Storage Reference Place of Storage Date of Storage Documents Drafs Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits a Custome
20. ess Address Country Line 1 Line 2 Line 3 Telephone Email Mobile Number You can view the following details Customer No The system displays the customer identification number CIF specified in the Receive and Verify screen Full Name The system displays customer name based on the customer identification number CIF specified in the Receive and Verify screen Existing Customer If the LC customer is an existing customer the system will check this box Customer Information If the customer is an existing customer the system will display the following details based on the existing maintenance e Address e Permanent Address Line 1 2 and 3 e Telephone e Mobile Number e E mail Click OK button to return to the Receive and Verify screen Outcome If documents are missing select DOCMISSING from the adjoining drop down list If everything is found acceptable select PROCEED from the adjoining drop down list Remarks Specify remarks if you have chosen any outcome other than Proceed Choose Save from the Actions menu or click save icon to save the record The system displays the information message as The task is completed successfully The workflow reference number is xxx 26 ORACLE Step 2 Retrieve Limit Details and Check for Limit Approval Users belonging to the user role CCSEROLE Corporate Customer Service Executive can perform t
21. hese activities If you have required rights you can acquire this task from your task list and process it further ORACLE Branch 002 Date 2014 06 30 Session Time 01 18 39 v Help Logged User DCO1 Sian Off STDSADOT sp Home Interactions Customer Workflow Tasks Preferences Search limit check s assigned Quick Search Assigned Task List Page 1 Of2b pp Jumptopage E Application B ae lt Application n Workflow Reference ae Title ert Date Priority Channel eis Status Commell FromToe Origination E ye slamicTawaroogAccount5g61 Application Entry 2013 08 31 Low Dashboard 14 44 56 IST al P RetailLending5979 Application 2013 09 02 Low APPENTRY Ede Verification 40 31 05 IST Queue E ye OpenRetarTermDepositsa7 Verify Prospect FMTESTO 2013 09 02 Low CUSTOTLS Or Customer 12 24 51 IST Search Deels ar EEUE y OpensavingsAccountsaa0 Receive And 2013 09 02 Low FCDB RECVNVFY m Verify 12 36 55 IST Application Statuses Across Various Parameters Applications al N RetailLending5992 Application Input bob inane Low Count Across Conventional High EERS EE E ye OpengavingsAetountost ieee And 20130902 Low FCDB RECVNVFY Count Across Conventional Medium oa kermesin ni EN E e OpendavingsAccountsos7 Receive And 2013 09 02 Low FCDB RECVNVFY ER ict Hi Verify 17 40 27 IST Count Across Islamic Low F we CorporateLending6os Application Entry 2013 09 02 Low a oun a Islamic Medium ny 22 59 28 IST san pert E y RetaiLending608s4 Application Input 2
22. ich if acceptable are included in the LC transaction If the customer modifications are not acceptable to the bank the same can be communicated to the customer and the record may be consequently deleted Stages in Import LC Issuance In Oracle FLEXCUBE the process for issuing an import LC is governed by several user roles created to perform different tasks At every stage the users with requisite rights need to fetch the relevant transactions from their task lists and act upon them Similarly at different times the system will make calls to certain web services to process the transaction This process is composed of the following stages Receive and verify LC import opening form and other documents Retrieve customer limit details and check for limit approval Notify prospect customer on negative status of limit Input details of LC import issuance Modify details of LC import issuance Sub process AML checks Arrange term deposit Create LC import in Oracle FLEXCUBE 1 2 3 4 5 Verify details of LC import issuance 6 7 8 9 10 Store documents Only users who have procured the relevant access rights can perform activities under a stage a ORACLE Document Veriticetinn successful Legend EJ System Task EJ Human Task Step 1 Receive and Verify Documents Users belonging to the user role CCSEROLE Corporate Customer Service Executive can perform these activities The bank receives the requ
23. in the Document Storage Details screen This screen allows you to capture document storage details and the details of the documents stored You can invoke the screen 226 ORACLE by typing ORDSTDOC at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New E3 Enter Query Workflow Reference Priority Low 7 Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status LC Details Storage Details Customer Storage Reference Customer Name Place of Storage Contract Reference Date of Storage Documents Prev Remarks Remarks Audit In this screen the following information can be stored LC Details The following customer information is displayed e Contract Reference Number e Customer Name e Customer Number Storage Details Capture the following storage details in this section Storage Reference Specify the storage reference number Place of Storage Mention the place where the document is stored Date of Storage Capture the date of storing the documents Select the action PROCEED in the textbox adjoining the Audit button in this screen and save the record by clicking the save icon in the tool bar The system displays the information message as The task is completed successfully The workflow reference number is xxx
24. ing abbreviations are used in this User Manual Abbreviation Description LC Letter of Credit TFE Trade Finance Executive Organization This manual is organized into the following chapters About this Manual gives information on the intended audience It also lists Chapter 1 the various chapters covered in this User Manual Import LC Issuance provides a basic understanding of the workflow and Chapter 2 its features It also explains the process of updating and maintaining LC contracts 1 1 ORACLE 1 6 1 7 Chapter 3 Function ID Glossary has alphabetical listing of Function Screen ID s used in the module with page references for quick navigation Related Documents e Procedures User Manual Glossary of Icons This User Manual may refer to all or some of the following icons Icons Function Ed Exit Add row Delete row a Option List ORACLE 2 1 2 2 2 Import LC Issuance Introduction An Import LC issuance is providing a letter of credit to a customer to issue advice or confirm a letter of credit for a trade transaction Your bank thus verifies the customer limit to enable the transaction After compliance checks and validations are performed your bank requests an acceptance instruction from your customer The customer may accept the data entry and may ask your bank to include further details wh
25. ired documents from the customer for issuing an import LC If you have the required access rights you can capture document details using the Receive and Verify screen To invoke this screen type ORDLCREQ in the field at the top right corner of oe ORACLE the Application tool bar and clicking the adjoining arrow button The screen is displayed below Contract Details E New Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status LC Details Customer Information Product Code Currency Customer Product Description Contract Amount Customer Name Product Type v Expiry Date Contract Branch Documents Customer Information Prev Remarks Remarks Audit Here you can capture the following details Application Details Application Number System displays the application number Application Category Specify the application category from the adjoining option list Application Branch System displays the current branch code Application Date System displays the application date here Application Priority Select the priority for the creating export LC from the adjoining drop down list This list displays the following options e Low e Medium e High Application Status System displays the status of the application LC Details You ca
26. ith Details Other Details Type of guarantee Guarantee Date of informing Issuing Deliver Dispatch of Advice Line 1 Line 2 Additional Information Line 4 Regulatory Reporting Details Date of Reporting Storage Details Storage Reference Prev Remarks Priority Low Application Branch Application Date Contract Branch Contract Reference User Reference Source Reference JE Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Amount Liability INCO Term INCO Description Date of Receipt of Authentication Line 3 Line 4 Line 2 Name of Regulatory Body Place of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits 4 Customer information Internal Blacklist Check Signature Verification UserDefinedFields Message Preview Remarks X Application Priority Low Application Status Operation Code Source Code FLEXCUBE Confirmation required Margin Money Applicable Issue Date Effective Date Tenor Expiry Date Expiry Place Auto Closure Closure Date Stop Date Pre Advice Pre Advice Date Reference To Pre advice Back To Back LC s Applicable Rule Rule Narrative Date of seeking Clarification Date of Seeking Approval SDN Check Detail
27. king the save icon in the tool bar The system displays the information message as The task is completed successfully The workflow reference number is xxx The task moves to Obtain Additional Information stage Click Ok button You will be taken back to the Verify Transaction Details screen Click Exit button to exit the screen The task is then moved to the next activity Obtain Additional Information Users belonging to the user role CEROLE Compliance Executive can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Obtain Additional Information task to acquire it The system displays the information message as The task was successfully acquired 20 ORACLE If you have requisite rights double click on the task in your Acquire task list and invoke the following screen You can invoke the screen by typing ORDAMLAI at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New E3 Enter Query Workflow Reference Apllication Details Application Number Application Category Product Code Product Description Product Type LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Credit Type Mode Credit Available W
28. klist Check Users belonging to the user role CEROLE Compliance Executive can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Blacklist Check task to acquire it The system displays the information message as The task was successfully acquired If you have requisite rights double click on the task in your Acquire task list and invoke the following screen ED ORACLE 2 2 11 Click BlackList Check button to invoke Blacklist Check screen As a verifier you will be able to update only remarks in this stage You can invoke this screen by typing ORDAMLBL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Internal Blacklist Check El save A Hoia LC Details SON Check Details Product Code TESR ncy SDN Result NO MATCH tion testing tc c Customer information 018005701 erName Shobnaa Documents Customer information internal Blacklist Check Prev Remarks In this screen you can view the applicant s details If the applicant s name is listed in the bank s internal list of global blacklisted customers you can report it to the internal authorities of the bank You can continue with the process of creating LC only when the customer passes these checks The system displays the information message as The task is completed
29. le CCSEROLE Corporate Customer Service Executive can perform these activities If you have required rights you can acquire this task from your task a io ORACLE list and process it further You can invoke the screen by typing ORDLCRAD at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details X E New E Enter Query Workflow Reference Priority Low 7 Apllication Details Application Number Application Branch Application Priority Low X Application Category Application Date Application Status LC Details Customer Information Product Code Currency Customer Product Description Contract Amount Customer Name Product Type X Expiry Date Contract Branch Deliver Dispatch of Advice Line 1 Line 3 Line 2 Line 4 Documents Limits Customer Information Prev Remarks Remarks Andit The system displays all details captured in the Receive and Verify screen Additionally you can specify the following details Deliver Dispatch of Advice In case the prospect customer does not clear adhoc limit checks you can terminate the import LC opening process and notify the prospect accordingly Line 1 to 4 Specify the notification message that should be sent to the customer prospect Outcome Select Proceed from the adjoining drop down list and save the record The task will get terminated after saving the stage Step 1 Input Detail
30. ls Message SWIFT Message Free Format Text LC Details Currency Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks Closure Date Tolerance Text Stop Date Pre Advice Type v Amount Pre Advice Date Liabili Mode j Back To Back LC Reference To Pre advice Credit Available With Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking Bank Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 SDN Result Line 2 Additional information Line 1 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks Storage Details Storage Reference Place of Storage Date of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events LinkageDetails Fields MIS Limits Customer Information Internal BlacklistCheck Signature Verification UserDefinedFields Message Preview Prev Remarks Remarks Andit You can modify the required details in this screen Outcome Select Proceed from the adjoining drop down list and save the record The task will move to the Verify Details of Import LC stage I
31. ment Details You can capture the customer related documents in central content management repository through the Documents screen Click Documents button to invoke this screen Documents JE Advices Checklist Document Upload 1 Of 1 El Document Category Document Reference Document Type Remarks Ratio Upload Upload View Here you need to specify the following details Document Category Specify the category of the document to be uploaded os ORACLE 2 2 1 1 Document Reference The system generates and displays a unique identifier for the document Document Type Specify the type of document that is to be uploaded Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below Document Upload Document Path In the Document Upload sub screen specify the corresponding document path and click the Submit button Once the document is uploaded through the upload button the system displays the document reference number View Click View to view the document uploaded Advise Tab Click on the Advise tab to invoke the following screen Documents Main Advices Checklist 101 ReportName Attribute Template Attribute Format Attribute Locale View You can specify the following details Report Name System displays the name of the report
32. n capture the following LC details here Product Code Specify a valid product to which you want to link the import LC The adjoining option list displays all valid import LC products maintained in the category You can select the appropriate one Product Description The system displays a brief description of the chosen product Product Type The system displays the product type as Import oe ORACLE 2 2 1 If you have specified a valid product the system will display the corresponding LC type in this field You will not be able to modify it Contract Branch System displays the current logged in branch here However you can specify another branch code for the contract from the adjoining option list Currency Specify the currency in which the LC should be issued You can also select the appropriate currency from the adjoining option list This list displays all the valid currency codes maintained in the system Contract Amount Specify the amount for which the LC should be issued Expiry Date Specify the date on which the contract is going to expire Customer Information You can capture the following details Customer Specify a valid customer number CIF for whom the LC should be issued You can also select the appropriate CIF from the adjoining option list The list displays all valid customers maintained in the system Customer Name The name of the selected customer is displayed here Capturing Docu
33. n that stage if it gets verified successfully it will move to the AML Check stage Step 3 AML Checks This process includes checks like SDN check internal blacklist check contact details verification etc The LC is created only when the customer passes all these checks In case of Failed of any of the checks the LC initiation process is terminated The bank verifies all the details documents to ensure that the information documents required for AML checks are obtained In case the details captured are incorrect the bank makes the necessary modifications If the verification is Passed the bank may proceed to conduct AML checks Once AML checks are carried out the result is passed on to the parent process If any of the checks fail the relevant regulatory internal authorities may be informed Once AML checks are carried out the result is passed on to the parent process The AML check depends upon the regulatory environment within which your bank operates and its internal policies Bank initiates the process of AML for a customer as a part of parent 16 ORACLE process with all the relevant information in the system This process comprises the following stages Verify prospect customer details SDN checks Verify SDN Match Inform Regulatory Internal authorities on checks failure Internal Blacklist check AML Decision No match Leg eng Ey Computer Aiced human Task System Task EI Human Tast
34. nd its affiliates will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services Contents N EE NE ER N EE EE N ER EE N 1 1 ED ee ee OE RR EE EE EE EE EE EE EE N 1 1 aa el ER EE EE EE RE EE EE DIN 1 1 1 3 Documentation Accessibility iii ee ee ee Re ee ee ee RR ee Re ee ee ee 1 1 EE ei ei AR EE ER N ER OE EN 1 1 oe UR EE OR EE EE ER OE N 1 1 1 6 Related Documents rs RE Ee EN Ee EDE RR eg de DEE ee Ee Fe De eN Ee De EER SE ok ed Se ee 1 2 df Glossary of lEONS EE A EE ee dt aes cas se apenas 1 2 2 Import LC Issuance ss RE ects ae ee etre 2 1 LM introduction RE AE EE EE AE RE EE RR OE 2 1 22 Stages in Import LC ISSUANCE ie ee AA AA ee AA ee R ee ee 2 1 2 2 1 Capturing Document Detal rerema ee ER Re AR E Ge Re ee ee Ge Re ee ee 2 4 2 2 2 Viewing Customer Details iii ee ER Re AR Re ee ee Re ee ee Ge Re ee ee 2 7 2 2 3 Notify Prospect Customer on Negative Status of Limit 0 0cc cece 2 10 224 Preferences ab ik sd EA ie ed de ee EG GN ER se ee sd de Ge EG Ee Es 2 13 2 2 6 Advices Tabs RE EE AE GEK SE DE EE RE bed Ge RR Ee Ee RE gede ER P RT ae ee TAA 2 14 2 2 6 Verify Prospect Customer Delail iese eek Re AR Re ee ee Ge Re ee ee 2 18 2 2 1 GDN CheGK NEE EE ia ies N GE Ge RD Ada GE A 2 19 2 2 8 Verty SDN Matehi sistiese SE eo ER gee oe gs se oe Ee ge ee EER ee DE koe gig 2 19 2 2 9 Inform Regulatory Internal Authorities on AML Che
35. nt Tax Collateral Events Linkage Details Fields MIS Limits Prev Remarks Remarks Audit Refer the chapter titled Processing a LC Contract in the Letter of Credit User Manual for further details about the fields tabs and buttons in the screen Auto Status Change Check this box to enable automatic status change of the LC If you check this box when the risk rating of a customer increases to unacceptable level the system will change the status of all outstanding LCs related to the account This will stop further recovery of the commission User Defined Status The system displays the user defined status of the LC You can unlock the LC contract and change the user defined status whenever required The option list displays all valid LC statuses maintained in the system Choose the appropriate one Derived Status The system displays the derived status of the LC You cannot modify the derived status In case of automatic status change you can view the current status of the LC in this field aol ORACLE 2 2 5 Advices Tab Click Advices tab to specify the letter of credit advice details Contract Details E New amp Enter Query Workflow Reference Priority Low hd Apllication Details Application Number Application Branch Application Priority Low X Application Category Application Date Application Status z Product Code Contract Branch Ope
36. ole CEROLE Compliance Executive can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Verify SDN Match task to acquire it The system displays the information message as The task was successfully acquired If you have requisite rights double click on the task in your Acquire task list and invoke the following screen You can invoke the screen by typing ORDAMLSM at the top right corner of the Application tool bar and clicking the adjoining arrow button Verity SON Match E save Hoia C Details SON Check Details TESR SDN Result NO MATCH testing Ic ner 018005701 me Shobnaa Documents Customer Information Audit Outcome NOMATCHIES Prev Remarks Remarks In this screen you can view the applicant s details In case of a positive SDN match the bank informs the regulatory agency OFAC or any other similar agency about the SDN match of the prospect customer However if the match is cleared you can continue with the subsequent AML checks Select the outcome as NO MATCH and save the record by clicking the save icon in the tool bar Select the outcome as MATCH and save the record by clicking the save icon in the tool bar to move the task to Inform Regulatory Internal authorities on AML checks failure The system displays the information message as
37. ority Low Application Category Application Date Application Status Product Code B Contract Branch Operation Code Product Description cone een Source Code FLEXCUBE Product Type ee Ee Confirmation required Source Reference Margin Money Applicable LEI Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text LC Details Currency Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks Closure Date Tolerance Text Stop Date Credit Pre Advice Type Amount Pre Advice Date Mode Liability Reference To Pre advice Credit Available With Back To Back LC Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking k Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 Line3 SDN Result Line 2 Line 4 Additional Information Line 1 Line 2 Line 3 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks Storage Details Storage Reference Place of Storage Date of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS
38. plication Date Contract Branch Contract Reference User Reference Source Reference Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Amount Liability Application Priority Low Application Status Operation Code Source Code FLEXCUBE Confirmation required Margin Money Applicable STP Details Message SWIFT Message Free Format Text Issue Date Effective Date Tenor Expiry Date Expiry Place Auto Closure Closure Date Stop Date Pre Advice Pre Advice Date Reference To Pre advice Back To Back LC INCO Term INCO Description Date of Receipt of Authentication Line 3 Line 4 Line 2 Name of Regulatory Body Place of Storage Applicable Rule Rule Narrative Date of seeking Clarification Date of Seeking Approval SON Check Details SDN Result Line 3 Remarks Date of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits Customer information Internal Blacklist Check Signature Verification UserDefinedFields Message Preview Prev Remarks Andit In this screen you can view and verify the LC details After verifying the details select the outcome as Satisfactory and save the record by clicking the save icon in the tool bar If transaction details are incorrect or insufficient select the outcome as NotSatisfactory and save the record by clic
39. r Information Internal Blacklist Check Signature Verification User Defined Fields Message Preview Prev Remarks Outcomi Once a TD is arranged outside you can select Proceed to Continue with LC issuance Step 5 Create Import LC The data captured in the Input LC Details stage is saved in Oracle FLEXCUBE as a system task after all the validations are successful In case of business errors the system creates a human task to retry the save operation Users belonging to the user role ADMINROLE can perform these activities 228 ORACLE Once saved successfully the contract will be available in the Letters of Credit Contract Input screen You can invoke this screen by typing ORDLCCRT in the field at the top right corner of the Application tool bar and click the adjoining arrow Contract Details X E New E3 Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status Product Code Contract Branch Operation Code maar Product Description Contract Reference Source Code FLEXCUBE Product Type User Reference Confirmation required Source Reference Margin Money Applicable TE Preferences Parties Parties Limits Shipment Documents Tracers Advices STP Details Message SWIFT Message Free Format Text LC Details Currency Customer Issue Date Contract Amount C
40. ration Code X Product Description Contract Reference Source Code FLEXCUBE Product Type User Reference Margin Money Applicable Source Reference Main Preferences Parties Parties Limits Shipment Documents Tracers ETER Advice Details 1 Of 1 Advice Name Party Type Party Id Party Name Medium Priority Suppress Charges a High v Message Confirmation Confirmation Required _ Confirmation Received Free Format Text Details 10f1 E Free Format Text Code Single Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits Customer Information Message Preview Prev Remarks Remarks Andit Refer to the chapter titled Processing a LC Contract in the Letter of Credit User Manual for further details about the fields tabs and buttons in the screen Message Confirmation Required Check this box to indicate that the customer s confirmation for the previewed message or advice is required before the contract is moved to the authorization stage If you check this box the contract will not move to the authorization stage and will remain in maker queue or input stage Message Confirmation Received Check this box to indicate the customer s confirmation has been received for the previewed message or advice If you have checked the box Customer Confirmation Required then this field becomes active When you receive th
41. rently dangerous applications including applications that may create a risk of personal injury If you use this software or hardware in dangerous applications then you shall be responsible to take all appropriate failsafe backup redundancy and other measures to ensure its safe use Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or hardware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation a
42. s SDN Result Line 3 Remarks Date of Storage In this screen you can view and verify the LC details After verifying the details select the outcome as Satisfactory and save the record by clicking the save icon in the tool bar to proceed the LC issuance If transaction details are incorrect or insufficient select the outcome as NotSatisfactory and save the record by clicking the save icon in the tool bar to move the task to Inform Regulatory Internal authorities on AML checks failure stage The system displays the information message as The task is completed successfully The workflow reference number is xxx Click Ok button You will be taken back to the Obtain Additional Information screen Click Exit button to exit the screen The task is then moved to the next activity Step 4 Arrange Term Deposit Users belonging to the user role CORMROLE Compliance Manager can perform these activities If task is marked as Margin money applicable in Input LC stage then a term deposit has to be arranged for the process to proceed further You can invoke this screen by typing 2 24 ORACLE ORDLCLNM in the field at the top right corner of the Application tool bar and click the adjoining arrow Contract Details X EE New E3 Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Priority Low Application Cat
43. s of Import LC Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities If you have required rights you can acquire this task from your task list and process 211 ORACLE it further You can invoke the screen by typing ORDLCIPD at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New amp Enter Query Workflow Reference Priority Low hd Apllication Details Application Number Application Branch Application Priority Low Application Category Application Date Application Status Product Code B Contract Branch Operation Code lt Product Description Contract Reference Source Code FLEXCUBE Product Type User Reference Margin Money Applicable Source Reference Ely Preferences Parties Parties Limits Shipment Documents Tracers Advices LC Details Currency Customer Issue Date Contract Amount Customer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date 7 Auto Closure Liability Amount Remarks Closure Date Tolerance Text X Stop Date Credit Pre Advice Type X Amount Pre Advice Date n Liabilif Mode ii Back To BackLC Reference To Pre advice Credit Available With Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee X INCO Description Rule Narrati
44. ship in case of an existing customer Users belonging to the user role CMROLECMROLE Compliance Manager can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Verify Nature Details of Transaction task to acquire it The system displays the information message as The task was successfully acquired eee ORACLE 2 2 13 If you have requisite rights double click on the task in your Acquire task list and invoke the following screen You can invoke the screen by typing ORDAMLVT at the top right corner of the Application tool bar and clicking the adjoining arrow button gt Contract Details X E New E3 Enter Query Workflow Reference Apllication Details Application Number Application Category Product Code Product Description Product Type LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Credit Type Mode Credit Available With Details Other Details Type of guarantee Guarantee Date of informing Issuing Bank Deliver Dispatch of Advice Line 1 Line 2 Additional Information Line 1 Regulatory Reporting Details Date of Reporting Storage Details Storage Reference EM Preferences Parties Parties Limits Shipment Documents Tracers Advices Priority Low Application Branch Ap
45. successfully The workflow reference number is xxx Select the outcome as Passed and save the record by clicking the save icon in the tool bar The following screen will be displayed If the selected outcome is Failed inform internal regularity authority The system displays the information message as The task is completed successfully The workflow reference number is xxx Click Ok button You will be taken back to the Blacklist Checks screen Click Exit button to exit the screen The task is then moved to the next activity Verify Customer Prospect Contact Details Users belonging to the user role CEROLE Compliance Executive can perform these activities Go to the Assigned list in the system The system displays all the assigned activities Click Acquire button adjoining the Verify Customer Prospect Contact Details task to acquire it The system displays the information message as The task was successfully acquired 22 ORACLE 2 2 12 If you have requisite rights double click on the task in your Acquired task list and invoke the following screen You can invoke this screen by typing ORDAMLVD in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Contract Details E New E Enter Query Workflow Reference Priority Low Apllication Details Application Number Application Branch Application Pri
46. ustomer Name Effective Date Positive Tolerance Party Type Tenor Negative Tolerance Dated Expiry Date Max Amount Customer Reference Expiry Place Liability Tolerance License Expiry Date Auto Closure Liability Amount Remarks Closure Date Tolerance Text Stop Date Credit Pre Advice Type Amount Pre Advice Date Mode as Liability Sacre packs Reference To Pre advice Credit Available With ecto rae Details Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Date of seeking Authentication Clarification Date of Seeking Approval Deliver Dispatch of Advice SDN Check Details Line 1 Line 3 SDN Result Line 2 Line 4 Additional information Line 1 Line 2 Line 3 Regulatory Reporting Details Date of Reporting Name of Regulatory Body Remarks Storage Details Storage Reference Place of Storage Date of Storage Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits s Customer Information Internal BlacklistCheck Signature Verification User Defined Fields Message Preview Prev Remarks Remarks Audit Outcome Click Proceed to move on to the next stage Step 6 Store Documents Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities The system creates a task to display primary customer name customer number and account number
47. ve Documents Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields MIS Limits Customer Information Message Preview Prev Remarks Remarks Audit Outcome The system displays all details captured in the Receive and Verify screen You can further specify required details to initiate an import LC This screen is identical to the Letters of Credit Contract Input screen Auto Closure Check this option to indicate that the LC should be automatically closed Pre Advice Pre Advice Date Specify date on which the pre advice was initiated from the adjoining calendar The current date is defaulted as pre advice date if the operation is Pre advice LC however you can change to an earlier date Note Modifications are not allowed after first authorization Reference to Pre advice Specify reference to the pre advice if any generated for the LC contract A pre advice is a brief advice of documentary credit sent by the Issuing Bank to the Advising Bank This is to be followed by the LC instrument that contains all the details of the LC It notifies the recipient that the named buyer has opened an LC for a specified amount on a named seller beneficiary ate ORACLE 2 2 4 Note Modifications are not allowed after first authorization Refer the chapter titled Processing a LC Contract in the Letter of Credit User Manual for further details
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