1. Islamic Letters of Credit - Accelerator Pack - Product Catalogue Catalogue
  2. Islamic Import Back to Back LC product (BLIC)
  3. Synopsis (ex. high level features etc)

2.5.3 Synopsis (ex. high level features etc)

  1. Support for Immediate reimbursement (With/Without)
  2. Confirmation (With/Without/May add)
  3. Financial Amendment confirmation
  4. Tracking of limit –Applicant (Fixed)
  5. Clauses and Free format text required for the product can be attached.
  6. Closure- Auto\Manual
  7. Cancellation & Re Open of LC
  8. Back Value dating allowed
  9. Contingent Accounting for contracts
  10. Cash Collateral (Percentage/Amount) can be increased/Decreased during Availment/Amendment
  11. Linkages: Term Deposit, Commitment
  12. Signature Verification
  13. Provision to capture Draft details and open insurance policy
  14. Specifying Details of the Parties Involved in an LC
  15. STP support.

Parent topic: Islamic Import Back to Back LC product (BLIC)