4.2 Initiate Import LC Amendment

This topic provides the systematic instructions to initiate an amendment to Import Letter of Credit in the application.

Initiate Import LC Amendment - LC Details tab captures the general details of the LC application process.

To initiate an Import LC Amendment:

  1. Navigate to Import LC Amendment screen.
  2. On Import LC Amendment, then click the LC Reference Number link.
    The Initiate Import LC Amendment screen appears.

    Figure 4-4 Initiate Import LC Amendment


    Description of Figure 4-4 follows
    Description of "Figure 4-4 Initiate Import LC Amendment"

  3. Update the LC details in the editable field.
  4. Select the Terms and Conditions checkbox to accept the Terms and Conditions.

    Note:

    User can ammend the following fields: Type of Documentary Credit, Date of Expiry, Place of Expiry, Beneficiary Address, LC Amount, LC Amount Tolerance, Additional Amount Covered, Credit Available By, Credit Available With, Bank Details, Draft Details, Partial Shipment, Transshipment, Place of Taking in Charge/ Dispatch From, Port of Loading/ Airport of Departure, Port of Discharge/ Airport of Destination, Place of Final Destination/ For Transportation, Shipment Date, Shipment Period, Transport Mode, Goods, Description, Quantity, Cost/Unit, Gross/Amount, Original, Number of Copies, View/Edit Clause, Additional Conditions, Documents to be presented within /beyond days after the date of shipment but within validity of this credit, Incoterm, Special Payment Conditions for Beneficiary, Special Payment Conditions for Bank Only, Confirmation Instruction, Requested Confirmation Party, Sender to Receiver Information, Charges, Charges Borne by and Incoterms.

    For the description of above fields refer Initiate Letter of Credit section.

  5. Click Submit.
    The transaction is saved and the Review Import LC Amendment screen appears.

    It displays all the sections with their respective fields.

  6. Perform any one of the following actions:
    • Verify the details, and click Confirm.

      The success message of initiation of LC amendment appears
              along with the reference number.

    • Click Cancel to cancel the transaction.

      The Dashboard appears.

    • Click Back to go back to previous screen.

Parent topic: Import LC Amendment