2 Import Documentary Collection Booking - Islamic

Import Documentary Collection Booking process allows the user to handle the Islamic import document under collection.

This process handles the Islamic import document under collection. The : Under Import Documentary Collection, the Drawer after exporting the goods submits the documents to the Remitting bank. The Remitting bank forwards the Documents to the Collecting bank for Acceptance/Payment by the Drawee.

The various stages involved for Import Doc Collection Booking are:
  • Receive and verify documents
  • Input Import Collection details
  • Upload of related mandatory and non-mandatory documents
  • Input Additional details of Import Collection - Data Enrichment stage
  • Check for limit availability if applicable.
  • Check balance availability for amount block
  • Check for sanctions & KYC status
  • Earmark limits/Create amount block for cash margin/charges if applicable
  • Capture remarks for other users to check and act
  • Hand off request to back office

The Islamic Import Collection Booking process flow is similar to that of conventional Import Collection Booking process flow.

This topic contains following subtopics:

  • Common Initiation Stage
    This topic provides the systematic instructions to initiate the Import Documentary Collection Booking - Islamic request.
  • Registration
    This topic provides the systematic instructions to initiate the Registration stage of import documentary collection booking - Islamic request.
  • Data Enrichment
    This topic provides the systematic instructions to initiate the Data Enrichment stage of import documentary collection booking - Islamic request.
  • 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.