2.4 Guarantee and Stand By LCs

This topic describes the systematic instructions to maintain Guarantee and Stand By LCs.

Specify User Id and Password, and login to Homescreen.
  1. On the Trade 360 Degree View screen, click Guarantee and Stand By LCs tab.
    Guarantee and Stand By LCs screen is displayed.

    Figure 2-4 Guarantee and Stand By LCs



  2. On Trade 360 Degree View screen, under Guarantee and Stand By LCs tab, specify the fields.
    For more information on the fields, refer to the below Field Description table.

    Table 2-4 Guarantee and Stand By LCs - Field Description

    Field Description
    Contract Details Select the Contract Type from the drop down list and click Populate button to view the details. The options are:
    • BG Issued against Customer Request
    • BG Issued against Counter Guarantee
    • BG Advised
    • SG Issued
    • Stand-by-LCs Issued
    • Stand-by-LCs Advised
    Guarantee and Stand By LCs Following details are displayed in this section.
    • Branch Code
    • Product Code
    • Product Description
    • Contract Reference Number
    • Currency
    • Contract Amount
    • Current Available Amount
    • Issue Date
    • Expiry Date
    • Applicant
    • Beneficiary
    • LC Reference No.
    • Guarantee Type

    Select a record and click Details button to view the contract details in view mode.