2.3 Scrutiny

This topic provides the systematic instructions to initiate the Scrutiny stage of Export LC Advise - Islamic request.

On successful completion of Registration of an Export LC Advise - Islamic request, the request moves to Scrutiny stage. At this stage the gathered information during Registration are scrutinized.

As part of scrutiny, the user can enter/update basic details of the Islamic LC request and can verify if the request can be progressed further. The task initiated from the online channel (SWIFT MT700, 701/MT710, 711 parsing) should be created in the Scrutiny stage directly as in conventional process flow.

MT700, 701 Parsing-Conventional and Islamic Trade finance is applicable

When parsing the MT700, 701, OBTFPM should read the SWIFT message,
  • If 57A tag (ATB) value is available in the message, the task should be created in the Conventional Export LC process.
  • If 57A tag (ATB) value is not available in the message and if the beneficiary is not a customer of the bank, the task should be created in the Conventional Export LC process.
  • If 57A tag (ATB) value is not available in the message and if the beneficiary is a customer of the bank and if beneficiary is an Islamic customer, the task should be created in the Islamic Export LC process.
  • If 57A tag (ATB) value is not available in the message and if the beneficiary is a customer of the bank and if beneficiary is not an Islamic customer, the task should be created in the Conventional Export LC process.
MT710, 711 Parsing-Conventional and Islamic Trade finance is applicable
When parsing the MT710, 711, OBTFPM should read the SWIFT message,
  • If the beneficiary is not a customer of the bank, the task should be created in the Conventional Export LC process.
  • If the beneficiary is a customer of the bank and if beneficiary is an Islamic customer, the task should be created in the Islamic Export LC process.
  • If the beneficiary is a customer of the bank and if beneficiary is not an Islamic customer, the task should be created in the Conventional Export LC process.

MT720, 721 Parsing-Conventional and Islamic Trade finance is applicable

When parsing the MT720, 721, OBTFPM should read the SWIFT message,
  • If the beneficiary is not a customer of the bank, the task should be created in the Conventional Export LC process.
  • If the beneficiary is a customer of the bank and if beneficiary is an Islamic customer, the task should be created in the Islamic Export LC process.
  • If the beneficiary is a customer of the bank and if beneficiary is not an Islamic customer, the task should be created in the Conventional Export LC process.

MT700, 701 Parsing-where Islamic Trade finance is only applicable

When parsing the MT700, 701, OBTFPM should read the SWIFT message and all the tasks should be created in the Islamic Export LC process.

MT710, 711 Parsing-where Islamic Trade finance is only applicable

When parsing the MT710, 711, OBTFPM should read the SWIFT message and all the tasks should be created in the Islamic Export LC process.

MT720, 721 Parsing-where Islamic Trade finance is only applicable

When parsing the MT720, 721, OBTFPM should read the SWIFT message and all the tasks should be created in the Islamic Export LC process.

Do the following steps to acquire a task currently at Scrutiny stage:

Specify User ID and Password, and login to Home screen.
  1. On Home screen, click Tasks.
  2. Under Tasks, click Free Tasks.
    The Free Tasks screen is displayed.
  3. Select the appropriate task and click Acquire & Edit to edit the task or click Acquire to edit the task from My Tasks.
  4. The acquired task will be available in My Tasks tab. Click Edit to scrutinize the registered task or provide input for Scrutiny stage.
    Let’s look at the details for scrutiny stage. User can enter/update the following fields. Some of the fields that are already having value from Registration/online channels may not be editable.

    The Scrutiny stage has the following hops for data capture:

  • Main Details
    This topic provides the systematic instructions to initiate the main details of Scrutiny stage of Export LC Advise - Islamic request.
  • Availability Shipment
    This topic provides the systematic instructions to capture the availability and shipment details.
  • Payment Details
    This topic provides the systematic instructions to initiate the Payment in Scrutiny stage of Export LC Advise - Islamic request.
  • Additional Fields
    This topic provides the systematic instructions to capture the additional fields.
  • Additional Details
    This topic provides the systematic instructions to capture the additional details in Scrutiny stage of Export LC Advise - Islamic process.
  • Summary
    This topic provides the systematic instructions to view the summary details in Scrutiny stage of Export LC Advise - Islamic request.

Parent topic: Export LC Advise - Islamic