This chapter is documented to get familiar with the Export LC Cancellation process of Oracle Banking Trade Finance Process Management Cloud Service.

Export LC Cancellation process enables the user to cancel the LC which had been already advised.

The cancellation require consent from the beneficiary of the LC. In such scenarios, after the processing of cancellation, the cancelled LC is parked awaiting beneficiary consent.

In the following sections, let’s look at the details for export LC cancellation process.

This topic contains following subtopics:

• Common Initiation Stage
  This topic provides the systematic instructions to initiate the Export LC Cancellation request.
• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Export LC Cancellation request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Export LC Cancellation request.
• Exceptions
  This topic helps you quickly get acquainted with the Exceptions process.
• Multi Level Approval
  This topic helps you quickly get acquainted with the Multi Level Approval process.
• Reject Approval
  This topic helps you quickly get acquainted with the Reject Approval process.