Bank can arrange for a credit (Buyers Credit) for an Import Bill liquidation, based on the request from the customer through other Lending Banks.

In such cases, system should allow the bank user to liquidate the Import Bill using the Buyers Credit and to settle the Buyers Credit later on debiting the customer account.

This topic contains following subtopics:

• Common Initiation Stage
  This topic provides the systematic instructions to initiate the new Issuance of Letter of Undertaking for Buyers Credit request.
• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Issuance of Letter of Undertaking for Buyers Credit request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Issuance of Letter of Undertaking for Buyers Credit 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.
• Handoff
  This topic helps you quickly get acquainted with the Handoff process.