In Oracle Banking Trade Finance, credit limit tracking is done using credit lines allotted to a customer.

The credit line allotted to the party against whom you want to track your liability is indicated while you capture the details of an Islamic LC. In the case of an amendment, from the advice of an export Islamic LC to advice and confirm, you can indicate the credit line during the amendment also.

You can specify Central Liability details for an Islamic LC, in the ‘Islamic LC Contract Party details’ screen. To display this screen, you have to click on the ‘Parties’ tab from the Contract screen.

The amount that is tracked is the Islamic LC Liability Amount. It is arrived at as follows:

Liability Amount = Maximum Islamic LC Amount + Liability% of the Islamic LC amount

In the case of an Islamic LC revolving in time, the liability amount is calculated, taking into account all the scheduled reinstatements.

• Specify whether Limit Tracking is Required
  
• Indicate the Customer against whom the Islamic LC Liability Amount is Tracked
  Enter a short description of your topic here (optional).
• Specify the Limit Track Tenor
  
• Indicate the Credit Line for Liability Amount