6 Amend Details of LC
An amendment to an LC signifies any change made to the terms of an LC after it has been authorized. An amendment can be made after an LC has been authorised.
The following are some examples when you would amend the details of an LC:
- You as the issuing bank have got an application from your customer to change the terms of the LC.
- You as the advising bank have received instructions from the issuing bank to amend an LC advised by you.
- Amend LC
- Utilize Import Licenses
This topic provides the systematic instruction to link the import license to an import LC contract and update the utilization amount or quantity for the linked import licenses. - Confirm Amended Details
This topic provides the systematic procedure to confirm the amended details. - Amend details using the Contract
- View LC Amendment
This document provides the systematic instruction to view LC amendment. - Upload LC Amendment