The LC Issuance Notice is generated at the borrower level with one bulk message for a LC drawdown with all the participant and global details. It consists of a message for each participant and a message for the global details for the borrower. It is generated for:

• New LC drawdown bookings.
• LC Increases because of LC Balance movement (with the LC increase amount).
• LC Decreases because of LC Balance movement (with the LC decrease amount). If the LC decrease amount results in the LC amount being reduced to nil, then the system generates an LC termination notice.

To have this message generated, the LC Drawdown preference should be selected at the drawdown level. You need to maintain the message for the following events for LC drawdown products:

• BOOK (for new LC drawdown booking)
• VAMB (for LC increases)
• LIQD (for LC decreases)

You should not maintain drawdown notices for the BOOK, VAMB and DNOT events since maintaining this would lead to LC Issuance notices being generated for those drawdowns instead. You can suppress the notice manually for the new LC drawdown bookings but not for the LC increases and decreases. However, by doing a contact amendment (CAMD) in the Drawdown online screen, you can suppress the message. If needed, before making the payment, an amendment can be done to suppress the notice for the termination and then payment can be done.