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

As part of Conventional Import LC Cancellation, System enables the user to cancel the LC which had been already issued.

The various stages involved for Import LC Cancellation 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 Cancel 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 Import LC Cancel process flow is similar to that of conventional Import LC Cancel process flow.

This topic contains following subtopics:

• Common Initiation Stage
  This topic provides the systematic instructions to initiate the Import LC Cancellation - Islamic request.
• Registration
  This topic provides the systematic instructions to initiate the Registration stage of Import LC Cancellation - Islamic request.
• Data Enrichment
  This topic provides the systematic instructions to initiate the Data Enrichment stage of Import LC Cancellation - Islamic 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.