1. Letter of Credit User Guide
  2. Annexure A - Accounting Entries for LCs
  3. Event-wise Accounting Entries
  4. BCFM: Confirming an LC

14.2.6 BCFM: Confirming an LC

Liability

Table 14-36 Accounting Entries

Role Amount Tag Dr/Cr
LC_OCU LIAB_AMT Dr
LC_OCU_OFFSET LIAB_AMT Cr
Collateral (if Any)

Table 14-37 Accounting Entries

Role Amount Tag Dr/Cr
COLL_CUST_ACC COLL_AMT_OS Cr
LC_COLL_ACCT COLL_AMT_OSEQ Dr
Charges/ Commission

As given in event BISS

Parent topic: Event-wise Accounting Entries