2 Guarantee Advise Amendment - Islamic
Conventional Guarantee Advise Amendment process enables the user to make an amendment to the Guarantee, which had been already advised.
The common amendments that are made to Guarantee Advised are:
- Expiry date
- Increase/Decrease in Guarantee amount
- Change to the existing Terms and Conditions.
- Receive and verify documents (Non Online Channel)- Registration stage
- Input amendment application details
- Upload of related mandatory and non-mandatory documents
- Verify/capture details (SWIFT MT767, 775/Non Online Channels)- Data Enrichment stage
- Check for limit availability if applicable
- Check balance availability for amount block
- Check for sanctions & KYC status Earmark limits/Create amount block for cash margin/charges if applicable Capture remarks for other users to check and act Hand off request to back office
In the following sections, let’s look at the details for Islamic Guarantee Amendment Advising process:
This topic contains following subtopics:
- Common Initiation Stage
This topic provides the systematic instructions to initiate the new Guarantee Advise Amendment Islamic request. - Registration
This topic provides the systematic instructions to initiate the Registration stage of Guarantee Advise Amendment - Islamic request. - Data Enrichment
This topic provides the systematic instructions to initiate the Data Enrichment stage of Guarantee Advise Amendment Islamic request. - Multi Level Approval
This topic helps you quickly get acquainted with the Multi Level Approval process of Guarantee Advise Amendment Islamic. - Customer - Acknowledgement
This topic helps you quickly get acquainted with the Customer Acknowledgement process.