2 Import LC Closure - Islamic

This process illustrates the update to an Import LC Closure - Islamic handled in Oracle Banking Trade Finance Process Management (OBTFPM).

As part of Conventional Import LC Close, System enables the user to close the LC which had been already issued.

The various stages involved for Import LC Close are:
  • Receive and verify documents and input basic details (Non Online Channel)- Registration stage
  • Upload of related mandatory and non-mandatory documents
  • Input/Modify details of Close of LC - 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 Import LC Close process flow is similar to that of conventional Import LC Close process flow.

This topic contains following subtopics:

  • Common Initiation Stage
    This topic provides the systematic instructions to initiate the new Import LC Closure - Islamic request.
  • Registration
    This topic provides the systematic instructions to initiate the Registration stage of Import LC Closure - Islamic request.
  • Data Enrichment
    This topic provides the systematic instructions to initiate the Data Enrichment stage of import LC Closure Islamic request.
  • Multi Level Approval
    This topic helps you quickly get acquainted with the Multi Level Approval process.