Export LC Advice User Manual
Contents
1. button You will be taken back to the Store Documents screen Click Documents button to view the documents stored The following screen is displayed View Documents Document Category Bocment Type Mandatory Document Ret Number 1 23 ORACLE 2 Screen Glossary 2 1 Function ID List The following table lists the function id and the function description of the screens covered as part of this User Manual Function ID Function Description LCDTR010 Contract Details 2 1 ORACLE ORACLE Export LC Advice April 2014 Version 11 3 83 02 0 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 2005 2014 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 progra2. Closure Date Stop Date Amount Liability Back To Back LC Applicable Rule Rule Narrative Drafts Commission Charges Settlement Tax Collateral Events Linkage Details Fields mis Signature verification Documents Prev Remarks Remarks Lauan Outcome The uploaded LC details are refelcted in this screen You can input additional details for booking a contract Refer the chapter titled Processing a LC Contract in the Letter of Credit User Manual for further details For incoming MT700 message if the message type is Business Task the MT700 Export LC Initiation business task will be available at this stage Click the STP Error Details button to view the details of the STP error After specifying the required details select the outcome as PROCEED The process will move to the Verify Details of Export LC task Click the save icon in the tool bar The following screen will be displayed gt information Message gt The task is completed successfully Click OK button in this screen You will be taken back to the Enrich Contract Details screen Click Exit button to exit the screen The task is then moved to the next activity Step 4 Verify Details of LC Users belonging to the user role TFMROLE Trade Finance Manager can perform these activities Go to the pending list in the system The system displays all the pending ac
3. Evens Linkage betas Fetds mis signature vericaton Documents Remarks Prev Remarks In this screen you can specify the following details 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 Product 1 3 ORACLE Select the product from the adjacent option list The list displays only the export LC products created in ORACLE FLEXCUBE Click the P button The relevant details associated with the product linked to the LC advised are populated in the respective fields such as the contract and user reference numbers Product details are defaulted to the contract screen Contract Reference The Contract Reference Number identifies a contract uniquely It is automatically generated by the system for each contract This number is generated once you click the P button adjacent the contract reference field User Reference The contract reference number is defaulted to the user reference number field on clicking the product default P button The user is allowed to modify the details Source Reference The contract reference number is defaulted to the user reference number field on clicking the product default P button The user is allowed to modify the details Confirmation Required Check this option if you require confirmation for booking the Export LC This screen is identical to the Letters o
4. 5 Ot Confirmation required Main Preferences Paries 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 Closure Date Liability Amount Remarks Stop Date Tolerance Text Credit Available With Amount Details Liability Back To Back LC Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Brans Commission Charges settement Tax Cofatral Events Linkage Deans Fieras mis Signature Venicavon Documents Prey Remarks Remarks Outcome In this screen you can modify the editable fields After modify the required details click save icon in the tool bar The process will move back to the Verify Details of Export LC task Click save icon in the tool bar to save the record The following screen will be displayed gt information Message lt gt The task is completed successfully Click the OK button in this screen You will be taken back to the Modify Contract Details screen Click Exit button to exit the screen The task is then moved to the next activity Step 6 Retrieve and Verify Export LC Details Users belonging to the user role TFMROLE Trade Finance Manager can perform these activities In this
5. You will have to seek the issuing bank approval if the LC is not conformed Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Seek Issuing Bank Approval task to acquire it The following screen is displayed information Message Information Message The Taskwas successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Contract Details Workflow Reference Priority Product Code Contract Reference Operation Code User Reference Snhurce Co r Product Description a Source Code FLEXCUBE Source Reference Product Type ri of n Confirmation required Main Preferences Parties 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 Closure Date Liability Amount Remarks Stop Date Tolerance Text Credit Available With Amount Details Liability Back To Back LC 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 Approval Banh Authentication Drafts Commission Charges Settiement Tax Collateral Ev
6. stage you have to retrieve the export LC details and verify the entire details again To verify the details go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Retrieve and Verifying details of LC task to acquire it The following screen will be displayed 1 10 ORACLE information Message Information Message gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Contract Details Workflow Reference Product Code Product Description Product Type Main Preferences Parmes LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Other Details Type of guarantee Guarantee Priority Contract Reference User Reference Source Reference 4 Confirmation required Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Credit Available With Details INCO Term INCO Description Operation Code Source Code FLEXCUBE Of b Issue Date Effective Date Tenor Expiry Date Expiry Place Closure Date Stop Date Amount Liability Back To Back LC Applicable Rule Rule Narrative Brans commission Charges Settement Tax cof
7. Export LC Advice Oracle FLEXCUBE Universal Banking Release 11 3 83 02 0 April 2014 Oracle Part Number E53607 01 ORACLE FINANCIAL SERVICES ORACLE Export LC Advice Table of Contents 1 EXPORT LC ADVISING PROCESS ccccccccsccccccccccccccccccccccccccccccccccccccccccccccccsccccccccccccccscccccesccecces 1 1 1 1 Dar DU T perce cece gee rescission etsete ners ecnesnesecteer sven teense se s E wacmttanernencteiswanadenvutn dies uontacneees 1 1 1 2 STAGES IN EXPORT LC ISSUANCE oecesererecs trast nercerncterpeivoancvec EEANN EAEAN ENAN EANA CAFE 1 1 1 3 PROCESS FLOW DIAGRAM oianean TE AREA E EARE 1 2 2 SCREEN GLOSSARY oorno a Aa aa 2 1 2 1 FUNCTION ID LIST cenere nane TEE EEEE EEEE TETEE EERDE 2 1 1 1 ORACLE 1 1 1 2 1 Export LC Advising Process Introduction A Letter of Credit contract is an instruction wherein a customer requests the bank to issue advice or confirm an LC 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 which 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 Export LC Issuanc
8. ROLE Trade Finance Executive can perform these activities The trade finance executive initiates an Export LC Advising process based on the request received through SWIFT or mail If the media is SWIFT the LC is uploaded into the system automatically However if the medium is through mail the LC is verified for its authenticity You can invoke Establish LC Authenticity screen by typing LCDTR010 in the field at the top right corner of the Application tool bar and click the adjoining arrow The screen is displayed below Contract Details Workflow Reference Product Code Product Description Product Type Main Preferences Parties Priority Contract Reference User Reference Source Reference Shipment Documents Tracers Advices Confirmation required Operation Code Source Code FLEXCUBE Of gt LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Issue Date Effective Date Tenor Expiry Date Expiry Place Closure Date Stop Date LDefautt Credit Available With Details Amount Liability Back To Back LC Other Details Type of guarantee Guarantee INCO Term INCO Description Applicable Rule Rule Narrative Brants Commission charges Settoment Tax covateral
9. ain Preferences Parties LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Priority Contract Reference User Reference Source Reference Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Confirmation required Lal Operation Code Source Code FLEXCUBE of Lp Issue Date Effective Date Tenor Expiry Date Expiry Place Closure Date Stop Date Ldetautt_ Other Details Type of guarantee Guarantee Credit Available With Details INCO Term INCO Description Amount Liability Back To Back LC Applicable Rule Rule Narrative brats commission Charges settement Tax Cotatora Events Linkage Doras Fieras mis Signature verincanon Document augit Prev Remarks Remarks Outcome After informing the issuing bank about the authentication failure you will have to receive revised authentication Select the outcome as proceed once you receive the revised details The process will move back to the Establish Authenticity stage 1 5 ORACLE gt information Message lt gt The task is completed successfully Click OK button in this screen You will be taken back to the Inform Issuing Bank screen Click Exit button to exit the screen The task is then moved to t
10. atra Events Linkage Detans Fieras ms Sgnature Venticavon Documents sos Prev Remarks Remarks Outcome Here you can view the details of Export LC After verifying the details you can either select Approve Reject or Seek Clarification as the outcome If you have selected the outcome as approved the process will move on to the Advise and Confirm task Similarly if the creation of export LC is rejected the process will be move to the Capture Remarks task and if the verification is not successful the process will be move to the Seek Clarification task Click save icon in the tool bar to save the record The following screen will be displayed ORACLE gt information Message lt gt The task is completed successfully Click OK button in this screen You will be taken back to the Receive Revised Authentication Details screen Click Exit button to exit the screen The task is then moved to the next activity Step 7 Seek Clarification from Issuing Bank Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities If the verification is not successful then you will have to seek clarification from the issuing bank Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Seek Clarification from Issuing Bank task to acquire it The following screen is display
11. ceed The process will move to the Retrieve and Verify Details of LC task Click the save icon in the tool bar The following screen will be displayed D information Message D The taskis completed successfully Click OK button in this screen You will be taken back to the Seek Clarification from LC Issuing Bank screen Click Exit button to exit the screen The task is then moved to the next activity Step 8 Capture Remarks to Inform Issuing Bank Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities ORACLE You have to inform the issuing bank if the creation of the export LC is rejected For this you have to specify the reason for rejecting To accomplish go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Capture Remarks to inform Issuing bank task to acquire it The following screen will be displayed information Message Information Message gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Free Format Message Reference No Name Module Address Customer Media Location Node Form ADV Branch Date No of Copies Hold Test Word Required Contract Reference TAGS Messages SWIFT Message Free Format Text Prev Remarks Remarks Outcome In
12. e 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 1 Receive Export LC and Establish Authenticity 2 Inform Issuing Bank 3 Input LC Details 4 Verify Details of LC 5 Modify details of Export LC 6 Retrieve and Verify Export LC Details 7 Seek Clarification from Issuing Bank 8 Capture Remarks to Inform Issuing Bank 9 Confirmation Stage 10 Seek Issuing Bank s Approval 11 Create Modify LC Details 12 Store Documents Only users who have procured the relevant access rights can perform activities under a stage n ORACLE 1 3 Process Flow Diagram Yes Authentication Success Media is SWIFT Verification Successful Verification Successful Approve amp Advise Yes Confirmation of Export LC onfirmation Required LC Confirmed ne Approved Legend ol Computer Aided Human Task System Task Human Task 1 2 ORACLE Step 1 Receive Export LC and Establish Authenticity Users belonging to the user role TFE
13. e button adjoining the Store Documents task to acquire it The following screen is displayed information Message Information Message CI The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen 7 ORACLE Store Documents Workflow Reference Priority Lt Details Contract Reference WV WMELINOS2450146 Customer VWwMOoO01 Customer Mame WIMMER Storage Details Date Of Storage Time Of Storage PorSTLUNMCH Place Of Storage Do Storage Ref Humber 567823 Documents 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 Ref Number 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 Time Of Storage Specify the time of storing the documents export LC documents Select the action Document Stored in the textbox adjoining the Audit button in this screen and save the record by clicking the save icon in the tool bar The following screen will be displayed 1 22 ORACLE gt information Message D The task is completed successfully Click Ok
14. ed information Message Information Message E D The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen 1 12 ORACLE Contract Details Workflow Reference Product Code Product Description Product Type Main Preferences Parties LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Priority Contract Reference User Reference Source Reference rl 4 Confirmation required Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Credit Available With Details Operation Code Source Code FLEXCUBE of b Issue Date Effective Date Tenor Expiry Date Expiry Place Closure Date Stop Date defaut Amount Liability Back To Back LC Other Details Type of guarantee Guarantee Date of informing Issuing Bani INCO Term INCO Description Date of Receipt of Authentication Applicable Rule Rule Narrative Date of seeking Clarification Drafts Commission Charges Settiement Tax Collateral Events Linkage Details Fieids mis Signature Verification Prev Remarks Lauan Outcome Remarks After receiving the clarification from the issuing bank select the outcome as Pro
15. ents Linkage Details Fieids mis Signature Verification Documents Prev Remarks Remarks Outcome Based on the response received from the issuing bank you can reject or approve the creation of export LC If the outcome is Reject the process will be terminated Else the process will move into the Create Modify Details of LC task Click the save icon in the tool bar The following screen is displayed 1 20 ORACLE gt information Message D The task is completed successfully Click OK button in this screen You will be taken back to the Seek Approval for Advising Export LC screen Click Exit button to exit the screen The task is then moved to the next activity Step 11 Create Modify LC Details After the LC confirmation the export LC contract is automatically created in the system anda reference number is created for the same You can use this reference number for further references The data captured at the input stage are reflected in the Letter of Credit Contract Input screen You can view or modify the details of the contract in the Letter of Credit Contract Input screen Step 12 Store Documents Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities You have to store the documents received from the issuing bank Go to the pending list in the system The system displays all the pending activities Click Acquir
16. f Credit Contract Input screen of ORACLE FLEXCUBE Refer the chapter titled Processing a LC Contract in the Letter of Credit User Manual for further details about the other fields in the screen After specifying the required details select the outcome as SUCESS The process will move to the Input LC Details task Else select the outcome as FAILURE and the process will move to the Inform Issuing Bank task Click the save icon in the tool bar The following screen will be displayed gt information Message lt gt The task is completed successfully Click OK button in this screen You will be taken back to the Establish LC Authenticity screen Click Exit button to exit the screen The task is then moved to the next activity 1 4 ORACLE Step 2 Inform Issuing Bank Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Inform Issuing Bank task to acquire it The following screen is displayed information Message Information Message gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Contract Details Workflow Reference Product Code Product Description Product Type M
17. he next activity Step 3 Input LC Details Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities On successful authentication of the details or if the request is received through the SWIFT media you have to capture few details of export LC Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Input LC Details task to acquire it The following screen is displayed information Message Information Message D The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen 1 6 ORACLE Contract Details Workflow Reference Product Code Product Description Product Type Main Preferences Parties LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Priority Contract Reference User Reference Source Reference Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Other Details Type of guarantee Guarantee Credit Available With Details INCO Term INCO Description Confirmation required Lal Operation Code Source Code FLEXCUBE of e Issue Date Effective Date Tenor Expiry Date Expiry Place
18. lity Amount Remarks Stop Date Tolerance Text Credit Available With Amount Details Liability Back To Back LC Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Date of informing Issuing Date of Receipt of Banh Authentication bras Commission charges Setemene Tax conorerar evens Linkage Dotan nets ms signaturo verincanon timas Prev Remarks Remarks Outcome At this stage in case of insufficient funds the customer will have to arrange funds outside the workflow Once the customer has arranged for the fund select the outcome as ARRANGED The export LC creation will be confirmed and the process will move to Create Modify details of LC task If the fund is not arranged then select the outcome as NOTARRANGED The process will be moved to the Seek Issuing Bank s Approval task The process will be stagnant in this stage until the fund is arranged Click the save icon in the tool bar The following screen will be displayed gt intormation Message D The task is completed successfully Click OK button in this screen You will be taken back to the Arrange for Limits screen Click Exit button to exit the screen The task is then moved to the next activity Step 10 Seek Issuing Bank s Approval Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities 1 19 ORACLE
19. llowing screen will be displayed ORACLE gt information Message D The task is completed successfully Click OK button in this screen You will be taken back to the Retrieve and Check Existing Limits screen Click Exit button to exit the screen The task is then moved to the next activity 9 3 Arrange for Funds Users belonging to the user role CBRROLE Correspondent Bank Relation can perform these activities Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Arrange for Limits task to acquire it The following screen is displayed information Message Information Message gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen 1 18 ORACLE Contract Details Workflow Reference Priority Product Code Contract Reference Operation Code User Reference Source Code FLEXCUBE Source Reference our reni ri of nm Confirmation required Product Description Product Type Main Preferences Parties 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 Closure Date Liabi
20. ms 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 inherently 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
21. this screen capture the following details Reference No Specify a reference number for capturing the message Media Specify the media through which you want to capture and send message to Issuing bank You can also select the media from the adjacent option list The list displays the following options e SWIFT e Message e Free Text Based on the media selected you can capture the message to be informed the issuing bank in the below section of the screen 1 14 ORACLE On selecting the media the name and address of the customer maintained in the Customer Address Maintenance screen is displayed Location Specify the location of the issuing bank You can also select the location from the adjacent option list Node Specify the node for routing the message You can also select the node from the adjacent option list The list displays all the nodes maintained in the system Form Specify the forms uploaded while creating the Export LC You can also select the form from the adjacent option list The list displays all the forms maintained in the system Copies Specify the number of copies of the documents Hold Check this option if the Export LC is kept on hold Test Word Required Check this option if a test word is required from the issuing bank After capturing the remarks to inform issuing bank select the outcome as Proceed The process will move to the Store Documents task Click the save icon in the
22. tion Product Type Main Preferences Parties LC Details Currency Contract Amount Positive Tolerance Negative Tolerance Max Amount Liability Tolerance Liability Amount Tolerance Text Other Details Type of guarantee Guarantee Date of informing Issuing Banh Brans Commission charges settment Tax conatera Events Linkage Dorana Feds is signature vertcaton Prey Remarks Priority Contract Reference User Reference Source Reference Shipment Documents Tracers Advices Customer Customer Name Party Type Dated Customer Reference License Expiry Date Remarks Credit Available With Details INCO Term INCO Description Date of Receipt of Authentication Remarks Confirmation required 4 Operation Code Source Code FLEXCUBE Of gt issue Date Effective Date Tenor Expiry Date Expiry Place Closure Date Stop Date Amount Liability Back To Back LC Applicable Rule Rule Narrative Signature Verification Limits avait Outcome In this stage the LC Contract details are retrieved and checked for the limit level If the required level is available select the outcome as SUFFICIENT The process will move to the Create Modify details of LC task Similarly if the limit is insufficient then select the outcome as NOTSUFFICIENT The process will move to the Arrange for Funds stage Click the save icon in the tool bar The fo
23. tivities Click Acquire button adjoining the Verify Details of LC task to acquire it The following screen is displayed information Message Information Message D The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Contract Details Workflow Reference Priority Product Code Contract Reference Operation Code User Reference Source Code FLEXCUBE Source Reference Product Type a Of b Confirmation required Product Description Main Preferences Paries 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 Closure Date Liability Amount Remarks Stop Date Tolerance Text Credit Available With Amount Details Liability Back To Back LC Other Details Type of guarantee INCO Term Applicable Rule Guarantee INCO Description Rule Narrative Prey Remarks Remarks Brans Commission Charges Seutement Tax cofatra Events Linkage Deans rieras ms signature Venicavon Documents ims Outcome 1 8 ORACLE Here you can view the details captured After successfully verifying the details select the outcome as Verification Successful The process will move
24. to the Retrieve and Verify Details of LC task If the verification has failed for some reason select the outcome as Verification Failed In this case the process will move to the Modify Details task Click save icon in the tool bar to save the record The following screen will be displayed information Message lt D The task is completed successfully Click OK button in this screen You will be taken back to the Verification of Details screen Click Exit button to exit the screen The task is then moved to the next activity Step 5 Modify details of Export LC Users belonging to the user role TFEROLE Trade Finance Executive can perform these activities In case of unsuccessful verification you may have to modify few details and revalidate the same Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the required task to acquire it The following screen will be displayed gt information Message Information Message lt D gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen 5 ORACLE Contract Details Workflow Reference Priorit Product Code Contract Reference Operation Code User Reference Source Code ie Product Description Z ret Source Code FLEXCUBE Source Reference Product Type
25. tool bar The following screen will be displayed i O information Message D The task is completed successfully Click OK button in this screen You will be taken back to the Capture of FFT screen Click Exit button to exit the screen The task is then moved to the next activity 1 15 ORACLE Step 9 Confirmation Stage Before creating an export LC contract you have to check the available limits and confirm the LC This involves the following steps e Retrieve the details of LC and check for limits e Arrange for funds if insufficient human task which will happen outside the flow e Confirm or not confirm and pass the result to parent process 9 1 Process Flow Diagram lt Limit SuMmicient Legand Zz Computer Aided Human Task System Task Human Task 9 2 Retrieve LC Details Users belonging to the user role CBRROLE Correspondent Bank Relation can perform these activities Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Retrieve LC Details task to acquire it The following screen is displayed a ORACLE information Message Information Message gt The Task was successfully Acquired If you have requisite rights double click on the task in your Assigned task list and invoke the following screen Contract Details Workflow Reference Product Code Product Descrip
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