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

Details of Drawing under an Import LC can be updated before liquidation, this can be on account of applicant response on discrepancy or change of maturity date etc. The update can be requested through Online/Offline channels.

The various stages involved for Islamic Import LC Drawing update are:

• Receive and verify documents (Non Online Channel)- Registration stage
• Input application details
• Upload of related mandatory and non-mandatory documents received from the presenting bank
• Verify documents and capture details (Online/Non Online Channels)- Scrutiny stage
• Input/Modify details of update Drawing - Data Enrichment stage
• Check for limit availability if applicable
• Check balance availability for amount block if applicable
• 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 LC Drawing Update process flow is similar to that of conventional Import LC Drawing Update process flow.

This topic contains following sub-topics:

• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Import LC Drawings Update - Islamic request.
• Scrutiny
  This topic provides the systematic instructions to initiate the Scrutiny stage of Import LC Drawing Update - Islamic request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Import LC Update Drawing - 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 of Islamic Import LC Update Drawing process.