7.5 Upload Islamic LC Amendment
While uploading an amendment, the system checks the user reference number in the contract with the external reference number of the incoming message. If a contract exists with the reference number and its status is ‘Authorized’ and ‘Active’, then the system will amend it provided the upload action is ‘AMND’.
If upload action is ‘NEW’ and the external reference number exists, the system will
display an error message. In case of contract amendment through STP of MT707, the
following fields are updated:
- Expiry date (31E field)
- Islamic LC amount (34B field)
- Tolerance details (Negative and positive tolerance) (39A field)
- Liability amount (39B field)
- Additional amounts covered (39C field)
- Shipment from (44A field)
- Shipment to (44B field)
- Latest date of shipment (44C field)
- Shipment period(44D field)
- Issuing bank amendment date(30 field)
Parent topic: Amend Details of an Islamic LC