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

Guarantee Issuance Closure process enables the closure of a Guarantee/SBLC after the expiry date but before the auto closure date. Guarantees/SBLC have a pre-scheduled auto closure date, which is a few days after the expiry of undertaking.

In the subsequent sections, let’s look at the details for Guarantee Issuance Closure process

This topic contains following subtopics:

• Common Initiation Stage
  This topic provides the systematic instructions to initiate the Guarantee Issuance Closure request.
• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Guarantee Issuance Closure request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Guarantee Issuance Closure request.
• Exceptions
  This topic helps you quickly get acquainted with the Exceptions process.
• Multi Level Approval
  This topic helps you quickly get acquainted with the Multi Level Approval process.
• Customer - Acknowledgement
  This topic helps you quickly get acquainted with the Customer Acknowledgement process.