2 Guarantee Amendment
Guarantee Amendment enables the user to amend an already issued guarantee to the Beneficiary or to the Bank designated to Advise the Guarantee Amendment to the Beneficiary or to another Advising Bank.
If the undertaking has been issued through another counter- counter issuing bank or Local Issuing Bank, the amendment would also be passed on through the same set of banks.
This topic contains following subtopics:
- Common Initiation Stage
This topic provides the systematic instructions to initiate the new Guarantee Issuance Amendment request. - Registration
This topic provides the systematic instructions to initiate the Registration stage of Guarantee Issuance Amendment request. - Data Enrichment
This topic provides the systematic instructions to initiate the Data Enrichment stage of Guarantee Advise Internal Amendment request. - Legal Verification
- Customer Response - Draft Confirmation
This topic helps you quickly get acquainted with the Customer Acknowledgement process. - 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.