2 Export LC Transfer Closure - Islamic

This User Manual is documented to get familiar with the Export LC Transfer Closure - Islamic process of Oracle Banking Trade Finance Process Management Cloud Service.

This process allows the corporate users to close an Export Transfer LC. Transfer LC can be closed under following scenarios:

  • Transfer LC has expired
  • There is no bill outstanding

The design, development and functionality of the Islamic Export LC Transfer Closure process flow is similar to that of conventional Export LC Transfer Closure process flow.

In the following sections, let’s look at the details for Export LC Transfer Closure - Islamic process.

This topic contains following sub-topics: