2 Export LC Transfer Amendment Beneficiary Consent

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

Transfer LC Amendment may require second beneficiary’s consent for the amendment terms.

Following are some of the scenarios where second beneficiary’s consent may be required:
  • Amendment of the Expiry Date
  • Amendment of the Amount
  • Amendment of the Latest Shipment date
  • Amendment of the Goods Description
  • Amendment of the Shipment Details
  • Amendment of the Documents Required
  • Amendment of the Additional Conditions

This topic contains following subtopics:

  • Common Initiation Stage
    This topic provides the systematic instructions to initiate the Export LC Transfer Amendment Beneficiary Consent request.
  • Registration
    This topic provides the systematic instructions to initiate the Registration stage of Export LC Transfer Amendment Beneficiary Consent request.
  • Data Enrichment
    This topic provides the systematic instructions to initiate the Data Enrichment stage of Export LC Transfer Amendment Beneficiary Consent 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.