2 Guarantee Cancellation - Islamic
This chapter is documented to get familiar with the Guarantee Cancellation - Islamic process of Oracle Banking Trade Finance Process Management Cloud Service.
As part of Conventional Guarantee Issuance Cancel, System enables the user to cancel the Guarantee which had been already issued.
The various stages involved for Guarantee Issuance Cancel are:
- Receive and verify documents and Input basic details (Non Online)- Registration stage
- Upload of related mandatory and non-mandatory documents
- Input/Modify details of Cancel of Guarantee (No Online/Online Channel) - Data Enrichment stage
- Capture remarks for other users to check and act
- Hand off request to back office
The design, development and functionality of the Islamic Guarantee Issuance Cancel process flow is similar to that of conventional Guarantee Issuance Cancel process flow.
In the following sections, let’s look at the details for Guarantee/SBLC cancellation - Islamic process.
This topic contains following subtopics:
- Common Initiation Stage
This topic provides the systematic instructions to initiate the Guarantee Cancellation - Islamic request. - Registration
This topic provides the systematic instructions to initiate the Registration stage of Guarantee Cancellation - Islamic request. - Data Enrichment
This topic provides the systematic instructions to initiate the Data Enrichment stage of Guarantee Cancellation - Islamic request. - Multi Level Approval
This topic helps you quickly get acquainted with the Multi Level Approval process.