6.1.4.2 Amendment with Beneficiary Confirmation (AMNV, ACON, AMND)

  • Initiation of Amendment with Beneficiary Confirmation (AMNV)
    • Charges, Settlement, Tax, Advice and Collateral subsystems will be applicable. Commission will not be applicable.
  • Confirmation of Amendment Initiation (ACON, AMND)
    • On click of Confirm, subsystems will be enabled. User can modify the same
  • All other fields in Details, Parties, Documents and Goods tab will be disabled.
  • Charges, Settlement, Tax, Commission, and Advices subsystem will be applicable during confirmation. FFTs can be provided during confirmation.
  • Collateral subsystem cannot be modified during amendment confirmation. Details provided during amendment initiation will only be considered for confirmation since it is a financial amendment.
  • On confirmation, LCDTRONL will not be not launched. However details will be propagated to LCDTRONL.
  • Modification of amendment confirmation will not be allowed as per existing functionality.