7 Letter of Credit Registration

Basic details of a Letter of Credit including the document details are captured through the Letter of Credit Registration Input screen and an acknowledgment number is generated. The transaction can be queried using the acknowledgment number and additional details of transaction can be captured for processing the request. You can register for issue of LC, Shipping Guarantee, Bank Guarantee and LC Amendment. No accounting entries are passed nor will any charges be levied during the registration of an LC. At the time of processing an LC that has already been registered, you only need to specify the acknowledgment reference number and all the details entered at the time of registration will automatically be picked up and defaulted to the contract main screen.

This section contains the following topic:
  1. Letter of Credit Registration Details