2 Export LC Liquidation

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

Export LC liquidation - Islamic process deals with handling a Liquidation of Drawings under Islamic LC.

The various stages involved for Export LC Drawing Liquidation are:
  • Input Liquidation details and Upload of related mandatory and non-mandatory documents in Registration stage
  • Input/Modify details of Export Drawing Liquidation - Data Enrichment stage
  • Check balance availability for amount block
  • Check for sanctions & KYC status
  • Create amount block if applicable
  • Capture remarks for other users to check and act
  • Hand off request to back office.

The Islamic Export LC Drawing Liquidation process flow is similar to that of conventional Export LC Drawing Liquidation process flow.