List of Topics
This manual is organized as follows:
Table -1 Topics
| Topics | Description |
|---|---|
| Preface | This topic gives information on the intended audience. It also lists the various topics covered in this User Manual. |
| An Overview of Letters of Credit | This topic provides an overview of LC. It supports the processing of all types of documentary and clean LCs. It includes the generation of messages and advices for all the applicable events, and the update of account balances. It also describes about the process involved in the collection of various commissions and charges defined for a LC. |
| LC Maintenance | This topic describes about the setting up of certain basic information to make it fully operational. |
| Define Product Attributes | This topic describes about the method in which you can define attributes specific to a Letters of Credit product .i.e. it describes the procedure to create a LC product. |
| Process LC Contract | This topic explains the procedure to process all types of LCs (import, export, invoice, clean, guarantees, shipping guarantees). |
| LC Availment | This topic explains how an availment is recorded under a LC upon receipt of bills or on notification from the negotiating bank. |
| Amend Details of LC | This topic discusses the circumstances under which the details of an LC contract would need to be amended. It also details the procedure for amending the LC. |
| Letters of Credit Registration | This topic provides details on how you can generate an acknowledgment number by capturing the basic details of a letter of credit and usage of acknowledgment reference number to display the details automatically in the contract main screen. |
| Transfer LC | This topic describes how you can transfer an LC. |
| Guarantees and Standby Letter of Credit | This topic provides details on guarantees and standby letter of credit. |
| Liquidation of Components of LC | This topic provides details on liquidation of components of LC. It deals with the liquidation of the receivable components of an LC. |
| Credit Limit Tracking for LC | This topic describes the procedure to track the exposure against the applicant or against the issuing bank. It depends on whether you are issuing an import LC/advice or confirming an export LC. |
| Automatic Processes | This topic explains the processes that will be carried out automatically, in the life cycle of an LC. |
| Annexure A - Accounting Entries for LCs | This topic provides details of suggested accounting entries, event-wise that can be set up, for the LC. |
| Annexure B - Events, Advices and SDEs for LC | This topic provides the list of events that can take place and the messages that can be generated, during the life cycle of an LC. |
| Annexure C- SWIFT Category 7 Messages | This topic provides a list of SWIFT messages supported in the LC. |
| Annexure D- Letters of Credit Glossary | This topic provides definition of the important terms used in the LC User Manual. |
| Function ID Glossary | This topic provides the alphabetical listing of Function/Screen ID used in the module with page references for quick navigation. |
Parent topic: Preface