1.4 Supply Chain Finance

Table 1-7 Enhancements in Supply Chain Finance

Enhancements Description
View Finances Multiple enhancements have been introduced in View Finance screen which are as follows:
  • Like wise search has been introduced in View Finance screen. It allows user to search the required or specific records by inputting free text. A search field has been introduced, which reads any text entered by the user and renders respective records as results matching the entered text. The entered text could be present in any data field of the record. As the text matches the data present in any of the record fields.
  • New tab of Advice Details has been introduced in view Finance detail screen. The tab will be visible only if there is at least one record of advice present for the respective reference number. If any advice is defined in the host system for any specific event, then the respective advice will be visible on OBDX for the corporate user. Following details of the advice will be displayed to the corporate user:
    • Transaction Reference Number
    • Date
    • Event
    • Action - 'View' will be displayed in this column. On view the advice will be displayed.

Trade Finance Conventional

Table 1-8 Trade Finance Conventional

Enhancements Description
Import Collection Acceptance A new transaction of Import Collection Acceptance has been introduced. This transaction allows users to accept the received import collection documents so that the same can be processed further by the bank. The transaction enables users to:
  • Provide preferable settlement account details
  • Apply for a loan if required\
  • Select preferred exchange rate or forward contract
Import LC Issuance A new field, Transport Mode, is introduced in the existing Import Letter of Credit Issuance transaction screen. This field has been added in the Document and Conditions tab. When the selected transport mode is Sea or Air, a message is displayed if no documents are selected for the document type Transport.
Import LC Amendment A new field, Transport Mode, is introduced in the existing Import Letter of Credit Amendment transaction screen. This field has been added in the Document and Conditions tab. When the selected transport mode is Sea or Air, a message is displayed if no documents are selected for the document type Transport.
Structured/Unstructured Address As part of regulatory compliance, all address fields have been updated to display Structured/Hybrid types of addresses on inquiry screens. Fields applicable for Structured/Hybrid and Unstructured types are now supported. Structured/Hybrid address will be displayed if maintained for any party in the host system.
The Structured/Hybrid/Unstructured fields are as follows:
  • Department. – Structured/Hybrid
  • Sub Department – Structured/Hybrid
  • Address Line 1 – Hybrid/Unstructured
  • Address Line 2 – Hybrid/Unstructured
  • Address Line 3 – Unstructured
  • Building Name – Structured/Hybrid
  • Building Number – Structured/Hybrid
  • Floor -– Structured/Hybrid
  • Room – Structured/Hybrid
  • Street Name – Structured/Hybrid
  • Town Location Name – Structured/Hybrid
  • Post Box – Structured/Hybrid
  • Postal Code – Structured/Hybrid
  • District Name – Structured/Hybrid
  • Country Subdivision – Structured/Hybrid
  • Country – Structured/Hybrid/Unstructured
  • City – Structured/Hybrid
The change has been incorporated for the following inquiry screens:
  • View Import Letter of Credit Islamic
  • View Export Letter of Credit Islamic
  • View Import LC Bill Islamic
  • View Export LC Bill Islamic
  • View Transferred LC Islamic
  • View Import Collection Islamic
  • View Export Collection Islamic
  • View Inward Guarantee/Standby LC Islamic
  • View Outward Guarantee/Standby LC Islamic
  • View Inward Claim Islamic
  • View Outward Claim Islamic
  • View Shipping Guarantee Islamic

Trade Finance Islamic

Table 1-9 Trade Finance Islamic

Enhancements Description
Import Collection Acceptance Islamic A new transaction of Import Collection Acceptance has been introduced. This transaction allows users to accept received import collection documents so that they can be processed further by the bank. The transaction enables users to:
  • Provide preferable settlement account details
  • Apply for a loan if required\
  • Select preferred exchange rate or forward contract
Import LC Issuance Islamic A new field, Transport Mode, is introduced in the existing Import Letter of Credit Issuance transaction screen. This field has been added in the Document and Conditions tab. When the selected transport mode is Sea or Air, a message is displayed if no documents are selected for the document type Transport.
Import LC Amendment Islamic A new field, Transport Mode, is introduced in the existing Import Letter of Credit Amendment transaction screen. This field has been added in the Document and Conditions tab. When the selected transport mode is Sea or Air, a message is displayed if no documents are selected for the document type Transport.
Structured/Unstructured Address As part of regulatory compliance, all address fields have been updated to display Structured/Hybrid types of addresses on the inquiry screens of Islamic transactions. The fields applicable for Structured/Hybrid and Unstructured address formats are now supported. Structured/Hybrid addresses will be displayed if maintained for any party in the host system.
The Structured/Hybrid/Unstructured data fields are as follows:
  • Department. – Structured/Hybrid
  • Sub Department – Structured/Hybrid
  • Address Line 1 – Hybrid/Unstructured
  • Address Line 2 – Hybrid/Unstructured
  • Address Line 3 – Unstructured
  • Building Name – Structured/Hybrid
  • Building Number – Structured/Hybrid
  • Floor -– Structured/Hybrid
  • Room – Structured/Hybrid
  • Street Name – Structured/Hybrid
  • Town Location Name – Structured/Hybrid
  • Post Box – Structured/Hybrid
  • Postal Code – Structured/Hybrid
  • District Name – Structured/Hybrid
  • Country Subdivision – Structured/Hybrid
  • Country – Structured/Hybrid/Unstructured
  • City – Structured/Hybrid

The change has been incorporated for the following inquiry screens:

  • View Import Letter of Credit Islamic
  • View Export Letter of Credit Islamic
  • View Import LC Bill Islamic
  • View Export LC Bill Islamic
  • View Transferred LC Islamic
  • View Import Collection Islamic
  • View Export Collection Islamic
  • View Inward Guarantee/Standby LC Islamic
  • View Outward Guarantee/Standby LC Islamic
  • View Inward Claim Islamic
  • View Outward Claim Islamic
  • View Shipping Guarantee Islamic