3 Export Documentary Collection Booking Update

This User Manual describes the various stages of Export Documentary Collection Booking Update Islamic process process.

An Export Collection Transaction can be updated on account of change of Operation, Maturity Date, Change of Drawee Details, Change of Bill Amount, Finance/FX Linkage etc.

The various stages involved for Islamic Export Documentary Collection Update are:
  • Receive and verify documents
  • Input Export Collection details
  • Upload of related mandatory and non-mandatory documents.
  • Input Additional details of Export Collection - Data Enrichment stage
  • Check for limit availability if applicable.
  • Check balance availability for amount block
  • Check for sanctions & KYC status
  • Earmark limits/Create amount block for cash margin/charges if applicable
  • Capture remarks for other users to check and act
  • Hand off request to back office

The Islamic Export Collection Update process flow is similar to that of conventional Export Collection Update process flow.

This topic contains following sub-topics: