Oracle Banking Trade Finance facilitates amendment of Import Pre-Advice LC. You can amend an import pre-advice in two ways.

1. If the applicant approaches Issuing Bank for changes in values for a Pre-advice LC, which was created early. The system enables you to modify both financial and non-financial values of the Pre-advice LC, including the fields enabled for Operative Import LC.
2. If the applicant approaches Issuing Bank with Document credit details and wishes to change pre-advice LC to an operative LC. The issuing bank amends the existing Pre-advice LC as an operative LC.

The additional details which were not entered while booking a Pre-advice LC have to be specified. You can modify LC Amount, Expiry Date, Credit Line and Collateral Amount. When LC amount is modified, the system will track additional limit and reduction of limit based on the increase or decrease of the amount, respectively.