The rationale for the product release of Oracle Banking Trade Finance version 14.7.3.0.0 is to support regulatory requirements and enhance features that are essential in competitive market.

Following are the features included in the release along with forward porting of applicable fixes related to the incidences reported in previous versions and technical qualification to comply with approved Tech Stack.

• Documentary Credits
  • Deletion of Advice Through Bank
  • Deletion of Confirming Bank
• Guarantees / Stand-by-LCs
  • Accountee and Applicant Bank as Counterparty
  • Auto Renewal support for Open Ended Guarantees
  • Conditional Guarantees – With and Without Expiry date