Documentary Credits
- Transfer LC enhancements
- During Transfer LC amendment if Transfer LC amount is increased or decreased corresponding export LC Outstanding amount, Outstanding Liability, Available units and Transferrable amount to be updated
- During Transfer LC amendment if Transfer LC amount is increased, system to validate that the increase in Transfer LC value is not greater than export LC outstanding amount
- During export LC Amendment with decrease in contract amount, system to validate decrease in LC amount is not greater than Outstanding amount in export LC else appropriate error message to be provided
- During Export LC Cancel/Close system to validate there are no active Transfer LCs.
- During Cancel/Close of Transfer LC, Outstanding amount, Outstanding liability, Available goods and Transferable amount in Export LC increased to the tune of Transfer LC amount and units.
- APIs to provide Export LCs and Transfer LCs eligible for Cancel/Close/Amendment
Parent topic: Release Enhancements