3 Export Documentary Collection Liquidation

Export Documentary Collection Liquidation process facilitates the user to handle the payment to an exporter from an importer via an intermediary bank.

Export Documentary Collection Liquidation Islamic process facilitates the user to handle the payment to an exporter from an importer via an intermediary bank.

The process describes the various steps involved in Liquidation of Islamic Export Documentary Collection Bill. The various stages involved for Export Doc Collection Liquidation are:
  • Input application details and Upload of related documents (Non Online Channel) - Registration stage
  • Input/Modify details of Collection Liquidation - Data Enrichment stage
  • Check balance availability for amount block if applicable
  • Check for sanctions & KYC status
  • Create amount block if applicable
  • Capture remarks for other users to check and act
  • Hand off request to back office
The Islamic Export Collection Liquidation process flow is similar to that of conventional Export Collection Liquidation process flow.

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