2 Guarantee Advise Internal Amendment

Guarantee Advice Internal Amendment allows the user to change the Limit/ Cash collateral details or to capture the MT 768 acknowledgment details received from Advise through bank.

Limits and Cash Collateral change are usually done when the Advising Bank or Advise through bank has confirmed the SBLC and in such cases the Limits/ Cash Collateral maintained by Issuing Bank is changed.

Following data can be changed during Internal Amendment
  • Line ID
  • CASA account for Cash Collateral
  • Charges Simulated on account of this task
  • Suppress of Advices generated on account of this task
Data received on account of Incoming MT 768 need to be captured as received.

This topic contains following subtopics:

  • Common Initiation Stage
    This topic provides the systematic instructions to initiate the new Guarantee Advise Internal amendment request.
  • Registration
    This topic provides the systematic instructions to initiate the Registration stage of Guarantee Advise Internal Amendment request.
  • Data Enrichment
    This topic provides the systematic instructions to initiate the Data Enrichment stage of Guarantee Advise Internal Amendment request.
  • Multi Level Approval
    This topic helps you quickly get acquainted with the Multi Level Approval process.