2.1.3 Synopsis (ex. high level features etc)
- Confirmation (With/Without/May add)
- Financial Amendment confirmation
- Tracking of limit –Applicant (Fixed)
- Clauses and Free format text required for the product can be attached.
- Closure- Auto\Manual
- Cancellation & Re Open of LC
- Back Value dating allowed
- Contingent Accounting for contracts
- Cash Collateral (Percentage/Amount) can be increased/Decreased during Availment/Amendment
- Linkages: Term Deposit
- Signature Verification
- Provision to capture Draft details and open insurance policy
- Specifying Goods, Shipping and Document Details for an LC
- Specifying Details of the Parties Involved in an LC
- STP support.
- Pre closure of LCs
- Pre advice of import and Export LCs