2 Export LC Closure - Islamic

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

As part of Conventional Export LC Closure, System enables the user to Close the LC which had been already issuedAs part of Conventional Export LC Closure, System enables the user to Close the LC which had been already issued.

The various stages involved for Export LC Close are:
  • Receive and verify documents and Input basic details(Non Online Channel)- Registration stage
  • Upload of related mandatory and non-mandatory documents
  • Input/Modify details of Close of LC - Data Enrichment stage
  • Capture remarks for other users to check and act
  • Hand off request to back office.

The design, development and functionality of the Islamic Export LC Close process flow is similar to that of conventional Export LC Close process flow.

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

This topic contains following subtopics: