1.4.1 Maintain Letters of Credit Commission

This topic provides systematic instructions to maintain letters of credit commission

You can define LC credit commission details in ‘Letters of Credit Commission Definition Maintenance’ screen.
Specify the User ID and Password, and login to Homepage.
  1. On the Homepage, type ‘CFDCOMCL' in the text box, and click the next arrow.
    The Trade Finance Commission Class Maintenance screen is displayed.

  2. On Letters of Credit Commission Definition Maintenance screen, specify the fields.
    For more information on fields, refer to Table 1-4:

    Table 1-4 Letters of Credit Commission Definition Maintenance - Field Description

    Field Description
    Module Code Specify the module code. Alternatively, you can select the module code from the option list. The list displays all valid module codes maintained in the system.
    Class Code Specify the class code.
    Class Description The system displays the class description.
    Rule ID Specify the rule ID. Alternatively, you can select the rule ID from the list of values. The list displays all valid rule IDs maintained in the system.
    Collect LC Commission in Bills Check this box to collect LC commission in bills.
    External Pricing Required The system enables this field when the commission rule configured for fetching external pricing from external pricing and billing engine is selected while creating a commission class.