2.6.2 Business Scenario
- To Pre-Advice the credit or amendment to the Beneficiary
- To Advice Letter of Credit with the all the terms and conditions to beneficiary along with
- Additional documentary credit if the information in the documentary credit exceeds the maximum length.
- To acknowledge the issuing bank about receipt of documentary credit.
- To close and cancellation of the advice
- To account for bank charges
- To advise of acceptance or rejection of an amendment of a credit.
- To transfer the LC if it is transferable.