2 Import LC Liquidation - Islamic

This process illustrates the update to an Import LC Liquidation - Islamic handled in Oracle Banking Trade Finance Process Management Cloud Service.

Import LC liquidation process enables the user to liquidate of drawings under an Import LC. This process deals with handling a Liquidation of Drawings under Islamic LC.

The various stages involved for Islamic Import LC Drawing Liquidation are:
  • Input Liquidation details and upload of related mandatory and non-mandatory documents in Registration stage.
  • Input/Modify details of Liquidation - Data Enrichment stage
  • Check balance availability for amount block
  • 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 LC Drawing Liquidation process flow is similar to that of conventional Import LC Drawing Liquidation process flow.

This topic contains following sub-topics:

  • Registration
    This topic provides the systematic instructions to initiate the Registration stage of Import LC Liquidation - Islamic request.
  • Data Enrichment
    This topic provides the systematic instructions to initiate the Data Enrichment stage of import LC Liquidation 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.