This topic provides the systematic instructions to create Other Party Maintenance in the application.

1. On Other Party Maintenance screen, click Create Other Party.
   The Other Party Maintenance Create screen is displayed.

   Figure 32-4 Other Party Maintenance - Create

   
   

   
   Description of "Figure 32-4 Other Party Maintenance - Create"

   
   

   For more information refer to the field description table below:

   Table 32-3 Other Party Maintenance - Create - Field Description

   Field Name	Description
   Beneficiary/Drawee Details	This section describes the Beneficiary/Drawee Details.
   Beneficiary/Drawee Name	Specify the beneficiary against whom LC/Bills/ Guarantee is to be created.
   Address Line 1-3	Specify the address of the beneficiary to be saved.
   Nickname	Specify the nickname of the Beneficiary/drawee.
   SWIFT Code	Specify the SWIFT ID of the Beneficiary/Drawee Bank. Click Lookup SWIFT Code if required, to search and select the bank details, available in the application.
   SWIFT code Look up	The following fields appear on a pop up window if the Lookup SWIFT Code link is clicked.
   Swift Code	Select the SWIFT code from the look up.
   Bank Name	The facility to search for the SWIFT code based on the bank name.
   Country	The facility to search for the SWIFT code based on the country.
   City	The facility to search for the SWIFT code based on city.
   SWIFT Code Lookup Search Results	This section displays the SWIFT Code lookup search results.
   Bank Name	Displays the names of banks as fetched on the basis of the search criteria specified.
   Address	Displays the complete address of each bank as fetched on the basis of the search criteria specified.
   Swift Code	Displays the list of SWIFT codes as fetched on the basis of the search criteria specified.
   Access Type	Select the access type to be assigned to the other party, that is Private or Public.
   Applicability	Select the transactions for which the beneficiary recorded are applicable. It can be either of them or combination of them, i.e. as selected : All Letter of Credit Collections Guarantee Shipping Guarantee Bills

2. Specify the beneficiary name in the Beneficiary/Drawee Name field.
3. Specify the beneficiary's address in the Address field.
4. Specify the nickname of the Beneficiary/drawee in the Nickname field.
5. In the SWIFT Code field, specify the SWIFT code or select it from the look-up.
6. Click Verify to fetch bank details based on Bank Code (BIC).
7. Select the appropriate Access Type.
8. Select the Applicability.
9. Perform any one of the following actions:
   • Click Submit to create the other party details.

     The Review Other Party Maintenance Details screen appears.

   • Click Cancel to cancel the transaction.
10. Verify the details, and click Confirm.
    The success message of beneficiary creation appears along with the reference number.