2.2 Registration

This topic provides the systematic instructions to initiate the Registration stage of Guarantee Advise Closure - Islamic request.

As a registration user, you can register a Guarantee Advice Closure - Islamic request received at the front desk (as an application received physically/received by mail/fax). During registration stage, user can capture the basic details, check the signature of the authorized signatory of the Guarantee Issuing Bank and upload the guarantee. On submit, the request will be available for an Guarantee Advice Close expert to handle the request in the next stage.
The OBTFPMCS user can process MT798 with sub messages MT726-MT759 message received through SWIFT. The OBTFPMCS verifies the field 21 and 26E ( of the MT759 and identifies the Original Contract Reference Number and Amendment Number and invokes the process. The user can cancel the previously received MT798 referenced message which is under process.
The OBTFPMCS user can process incoming MT798(up to a maximum of 8 messages) with sub messages MT788-MT799 message received through SWIFT and enables the user to cancel the previously received MT798 referenced message which is under process.
Specify User ID and Password, and login to Home screen.

Figure 2-2 LogIn Screen

Description of Figure 2-2 follows
Description of "Figure 2-2 LogIn Screen"
  1. On Home screen, click Trade Finance - Islamic. Under Trade Finance - Islamic, click Bank Guarantee Advise.
  2. Under Bank Guarantee Advise, click Guarantee Advise Closure - Islamic.

    Figure 2-3 Guarantee Advice Closure - Islamic


    Description of Figure 2-3 follows
    Description of "Figure 2-3 Guarantee Advice Closure - Islamic"

    The Guarantee Advise Closure - Islamic - Registration screen appears.

    The Guarantee Advise Closure - Islamic - Registration stage has two sections Application Details and Guarantee Details. Let’s look at the details of Registration screens below:

    Figure 2-4 Guarantee Advise Closure - Islamic - Registration - Application Details


    Description of Figure 2-4 follows
    Description of "Figure 2-4 Guarantee Advise Closure - Islamic - Registration - Application Details"

  3. On Guarantee Advise Closure - Islamic - Registration - Application Details screen, specify the fields.

    Note:

    The fields which are marked as Required are mandatory.

    For more information on fields, refer to the field description table below.

    Table 2-3 Guarantee Advise Closure - Islamic - Registration - Application Details - Field Description

    Field Description
    Advising Bank Reference Number Specify the Advising Bank Reference Number or click Search icon to search and select the Advising Bank Reference Number from look-up.

    As part of lookup criteria; user can input the Undertaking Number, Beneficiary, Currency, Amount and User Reference Number.
    Beneficiary Read only field.

    The Beneficiary of Guarantee/SBLC as per the latest Guarantee/SBLC details should be displayed.
    Branch Read only field.

    System will default the branch from Guarantee Advise.
    Currency Code, Amount Read only field.

    The amount of Undertaking and currency code as per the latest Guarantee/SBLC details is displayed.
    Amount In Local Currency Read only field.

    System fetches the local currency equivalent value for the transaction amount from back office (with decimal places).
    Priority This field will be defaulted based on the priority maintenance, also enables the user to change the priority as per the requirement. Set the priority of the Guarantee Advice request as Low/Medium/High/Critical/Essential.

    If priority is not maintained for a customer, ‘Medium' priority will be defaulted.

    The user can change the priority.
    Submission Mode Select the submission mode of Guarantee Advice request.

    By default the submission mode will have the value as ‘Desk’.

    • Desk - Request received through Desk
    • Courier - Request received through Courier
    • Fax - Request received through Fax
    • Email - Request received through Email

    The user can change the submission mode.
    Process Reference Number Read only field.

    Unique sequence number for the transaction. This is auto generated by the system based on process name and branch code.
    Transaction Date Read only field.

    By default, the application will display branch’s current date.
    Issuer Read only field.

    The Issuing Bank as per the latest Guarantee/SBLC details should be displayed.
    Guarantee Details

    Registration user can provide Guarantee Details in this section. Alternately, Guarantee Details can be provided by DE user. All fields displayed in Guarantee details section are read only fields.

  4. On Guarantee Advise Closure - Islamic - Registration - Guarantee Details screen, specify the fields.

    Figure 2-5 Guarantee Advise Closure - Islamic - Registration - Guarantee Details


    Description of Figure 2-5 follows
    Description of "Figure 2-5 Guarantee Advise Closure - Islamic - Registration - Guarantee Details"

    Note:

    The fields which are marked as Required are mandatory.

    For more information on fields, refer to the field description table below.

    Table 2-4 Guarantee Advise Closure - Islamic - Registration - Guarantee Details - Field Description

    Field Description
    Form of Undertaking Read only field.

    Form of Undertaking (Guarantee/Standby LC) as per the latest Guarantee/SBLC details is displayed.
    Product Code Read only field.

    The product code used for SBLC/Guarantee advise is displayed.
    Product Description Read only field.

    The Product description as per the latest Guarantee/SBLC advise is displayed
    Undertaking Number Read only field.

    The undertaking number as per the latest Guarantee/SBLC advise is displayed.
    User Reference Number Read only field.

    System defaults the user reference number, depending on the selection of Advising Bank Reference Number.
    Purpose of Message Read only field.

    The Purpose of message (ACNF/ADVI) used during SBLC/Guarantee advise is displayed.

    File Identification Read only field.

    The File Identification as per the latest Guarantee/SBLC advise details is displayed. only and populated from Incoming MT 760.
    Narrative Read only field.

    Any kind of Narrative/Additional text as per the latest Guarantee/SBLC advise details is displayed.
    Type of Undertaking Read only field.

    The type of Undertaking as per the latest Guarantee/SBLC advise details is displayed.
    Narrative Read only field.

    Any kind of Narrative/Additional text as per the latest Guarantee/SBLC advise details is displayed.
    Date of Issue Read only field.

    The date of issue as per the latest Guarantee/SBLC advise details is displayed.
    Expiry Type Read only field.

    The type of Expiry as per the latest Guarantee/SBLC advise details is displayed.
    Date of Expiry Read only field.

    The date of Expiry as per the latest Guarantee/SBLC advise details is displayed.
    Expiry Condition/Event Read only field.

    The expiry condition/event as per the latest Guarantee/SBLC advise details is displayed.
    Applicant Read only field.

    Applicant details will be auto populated based on the details provided in Application Details section.
    Obligor/ Instructor Party Read only field.

    The Obligor/Instructing Party as per the latest Guarantee/SBLC advise details is displayed.
    Applicable Rules Read only field.

    Applicable Rules as per the latest Guarantee/SBLC advise details is displayed.
    Narrative Read only field.

    Any kind of Narrative/Additional text as per the latest Guarantee/SBLC advise details is displayed.
    Additional Amounts Read only field.

    Any additional amounts related to undertaking as per the latest Guarantee/SBLC advise details is displayed.
    Auto Close Read only field.

    System default the value from the previous versions of the contracts.
    Closure Date Read only field.

    System default the value from the previous versions of the contracts.
  5. Click Submit.
    The task will move to next logical stage of Guarantee Advise Closure - Islamic.

    For more information on action buttons, refer to the field description table below.

    Table 2-5 Guarantee Advise Closure - Islamic - Registration - Action Buttons - Field Description

    Field Description
    Documents Upload the documents received.
    The possible documents submitted under Guarantee/SBLC Advise closure - Islamic request are:
    • Guarantee/SBLC Advise Closure request
    Remarks Specify any additional information regarding the Guarantee Advise Closure - Islamic. This information can be viewed by other users processing the request.
    Customer Instruction Click to view/ input the following:
    • Standard Instructions – In this section, the system will populate the details of Standard Instructions maintained for the customer. User will not be able to edit this.
    • Transaction Level Instructions – In this section, OBTFPMCS user can input any Customer Instructions received as part of transaction processing. This section will be enabled only for customer initiated transactions.
    View Guarantee/SBLC Click to view all SBLC/Guarantee details.
    Guarantee/SBLC Events Click to view all the Undertaking events under the Guarantee/SBLC Advised till date.
    Hold The details provided will be saved and status will be on hold. User must update the remarks on the reason for holding the task. This option is used, if there are any pending information yet to be received from applicant.
    Cancel Cancels the Guarantee Advise Closure - Islamic Registration stage inputs. Details entered will not be saved and the task will be removed.
    Save & Close Save the information provided and holds the task in ‘My Task’ queue for working later.

    This option will not submit the request.
    Submit Click Submit, system will trigger acknowledgment to the customer and give confirmation message for successful submission. The task will move to next logical stage of Guarantee Advise Closure - Islamic.

    If mandatory fields have not been captured, system will display an error message until the mandatory fields data are provided.
    Checklist Click to view the list of items that needs to be completed and acknowledge. If mandatory checklist items are not selected, system will display an error on submit.

Parent topic: Guarantee Advise Closure - Islamic