AMND: LC Amendments

15.2.38 AMND: LC Amendments

Table 15-39 AMND: LC Amendments

Event	Message/Advice	From	To
AMND	LC_AMD_MSG	ISB	ABK
AMND	AMD_EXP_CR	ABK	ATB
AMND	AMD_EXP_CR	ABK	BEN
AMND	LC_ACK_AMND	ABK	ISB
AMND	LC_CASH_COL_ADV	ABK	ISB
AMND	LC_DR_MSG	ABK	BEN
AMND	LC_AMD_AUTH_REB	ISB	RIB
AMND	AMD_IMP_CR	ISB	BEN
AMND	GUA_AMD_INSTR	ISB	ABK
AMND	LC_AMND_INSTR	ISB	ABK/BEN
AMND	LC_CHC_MSG	ISB/ABK	ISB/ABK
AMND	LC_DR_MSG	ISB/ABK	APP/BEN
AMND	LC_INSTRUMENT	ISB	ABK/BEN
AMND	GUA_AMD_INSTR	ISB	ABK/BEN
AMND	LC_REIMB_ADV	ISB	ABK
AMND	LC_REIMB_ADV	ISB	RIB
AMND	LC_AM_INST_COPY	ISB	BEN
AMND	LC_BEN_RESPONSE	ABK	ISB
AMND	GUA_BEN_RESP	ABK	ISB

For the generation of outgoing MT707 from an incoming MT707, you need to link the message type ‘AMD_EXP_CR’ to the ‘AMND’ event of the product. In case of LC amendment, if the media is ‘SWIFT’ and message type is ‘AMD_- EXP_CR’, the system will generate MT707. During generation of MT707 to the advice through bank, field 30 will be updated with the date in ‘Issuing Bank Amendment Date’ field. If the amendment date is null, then field 30 will not updated.

In response to MT700 and MT707, Oracle Banking FLEXCUBE also allows you to generate MT730 as an acknowledgment of LC creation or amendment respectively. During LC amendment, MT730 is generated along with the advise ‘LC_ACK_AMND’ if the media is ‘SWIFT’ and message type is ‘LC_ACK_AMND’.

Parent topic: LC Advices