2 Functional Operations features

  • Issuing Letter of Credit/Guarantee
  • Marking acknowledgment on receipt of Documentary Credit
  • Manual Availment
  • Revolve by Time/Value
  • Generation of Advices and Messages
  • Amendment Confirmation
  • Guarantee Claim and Claim Settlement in Guarantee Contracts
  • Reversal of Availment
  • Liquidation of Commission/Charges/Tax
  • Contract Reversal
  • Pre closure of LCs
  • Pre advice of import and export LCs
  • Support for shipping Guarantees.
  • Provision to Validate Message generation during contract save
  • Substitution for SWIFT Characters(x and z Character set
  • Processing of Back to back LCs
  • Transfer of LCs
  • Collection of cash collaterals
  • Transfer of Cash collaterals from LC to Bills
  • Tracking of Limits and Collaterals.
  • Limits tracking for Liability Margin for Import LC
  • Movement of Charges from LC to Bills
  • Event Reversal for Version creating Events
  • Movement of Charges/Commission to LQ module
  • Auto creation of Loans for Cash collateral
  • FIFO/LIFO methods for commission calculation
  • Support for Standby LC’s
  • Brokerage
  • Linkage of Accounts and creation of amount block
  • Support for Sanction check
  • Support for Silent Confirmation for Export LCs