This chapter is documented to get familiar with the Export LC Closure process of Oracle Banking Trade Finance Process Management.

Export LC Advised by the bank may be outstanding in the system past their Expiry Date and the outstanding LC can be closed either automatically on a pre-determined schedule or manually.

In the following sections, let’s look at the details for Export LC closure process.

• Common Initiation Stage
  This topic provides the systematic instructions to initiate the Export LC Closure request.
• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Export LC Closure request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Export LC Closure request.
• Multi Level Approval
  This topic helps you quickly get acquainted with the Multi Level Approval process.
• Handoff
  This chapter is documented to get familiar with the Handoff stage of Export LC Closure process.