2.2.2 Detailed Flow
- Bills under Transfer LC with substitution.
- Bills under Transfer LC without substitution.
| Export LC | Transfer LC | Bills against Transfer LC with substitution | Bill against Transfer LC without substitution |
|---|---|---|---|
| Product Type - E | Product Type - E/T | Bill Product type - T | Bill Product type - E |
| BEN | FBN |
LC with FBN as counter party to be considered. On LC Default, system will default first beneficiary as Counterparty of Bill. |
LC with FBN as counter party to be considered. On LC Default, system will default second beneficiary as Counterparty of Bill. |
| APP | BEN | -- | -- |
| AISB | APP | -- | -- |
| B00 | ISB | -- | -- |