1. Letter of Credit User Guide
  2. Process LC Contract
  3. View LC Contract
  4. Upload LCs
  5. Update Parties Limits on Reversal and Deletion of LC Contracts

4.2.3.1 Update Parties Limits on Reversal and Deletion of LC Contracts

Oracle Banking Trade Finance allows you to reverse or delete an LC contract. On reversal or deletion of an LC, the limits tracked are reduced to the extent to which it was tracked.

Parent topic: Upload LCs