2 Import Documentary Collection Liquidation - Islamic

Import Documentary Collection Liquidation process facilitates the user to handle the payment under a Documentary Collection.

The process describes the various steps involved in Liquidation of Islamic Import Documentary Collection Bill.

The various stages involved for Import Documentary Collection Liquidation are:
  • Input application details and Upload of related documents(Non Online Channel) - Registration stage
  • Input/Modify details of Collection Liquidation - Data Enrichment stage
  • Check balance availability for amount block if applicable
  • Check for sanctions & KYC status
  • Create amount block if applicable
  • Capture remarks for other users to check and act
  • Hand off request to back office

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

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