1. Preface
1.1 Introduction
This manual is intended as a guide to the Islamic Letters of Credit
(Islamic LC) module, of Oracle FLEXCUBE. It is designed to help you maintain
and process all types of documentary and clean Islamic LCs. It also assists
you in handling the necessary activities in the life cycle of an Islamic
LC once it is booked. This includes the generation of messages and advices,
the updation of account balances and the collection of various commissions
and charges.
You can obtain information specific to a particular field by placing
the cursor on the relevant field, and striking <F1> on the keyboard.
1.2 Audience
This manual is intended for the Customer Service Representatives (CSRs)
and the staff responsible for the setting up of new products at your
bank.
1.3 Documentation Accessibility
For
information about Oracle's commitment to accessibility, visit the Oracle
Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.
1.4 Organization
This manual is organized as follows:
Chapter
|
Description
|
Chapter 1
|
About this Manual
gives information on the intended audience. It also lists
the various chapters covered in this User Manual.
|
Chapter 2
|
Islamic Letters of
Credit - An Overview gives you an overview of the Islamic
LC module and helps familiarize you with its features.
|
Chapter 3
|
Maintenance for Islamic
Letters of Credit details the basic information to be maintained,
before the Islamic LC module becomes fully operational.
|
Chapter 4
|
Defining Attributes Specific to an Islamic
LC product describes the procedure to define Islamic LC
products for specific services that you offer your customers.
|
Chapter 5
|
Processing an Islamic
LC Contract is the procedure to process all types of Islamic
LCs (import, export, invoice, clean, guarantees, shipping guarantees).
Also explained is the method of associating an Islamic LC product with
an Islamic LC contract. The advantage of defining products is highlighted
in this chapter.
|
Chapter 6
|
Capturing Additional
Details explains a number of functions vital to the processing
of an Islamic LC Contract.
|
Chapter 7
|
Making an availment explains
how upon receipt of bills or notification from the negotiating bank,
an availment is recorded under an Islamic LC.
|
Chapter 8
|
Amending Details
of an Islamic LC discusses the circumstances under which
the details of an Islamic LC contract would need to be amended. It also
details the procedure for amending the Islamic LC.
|
Chapter 9
|
Transferring an Islamic
LC explains how you can transfer an Islamic LC.
|
Chapter 10
|
Liquidation of the
Receivable Components of an Islamic LC deals with the liquidation
of the receivable components of an Islamic LC.
|
Chapter 11
|
Credit limit tracking
for an Islamic LC is the procedure to track the exposure against
the applicant or against the issuing bank. It depends on whether you
are issuing an import Islamic LC/advice or confirming an export Islamic
LC.
|
Chapter 12
|
Automatic Processes
are the processes that will be carried out automatically, in the
life cycle of an Islamic LC.
|
Chapter 13
|
Reports gives a list of
all reports that can be generated for this module.
|
Chapter 14
|
Annexure A- Accounting
Entries contains event-wise list of suggested accounting
entries.
|
Chapter 15
|
Annexure B- Events
and advices lists all the events that can take place and
the messages that can be generated, during the life cycle of an Islamic
LC.
|
Chapter 16
|
Function ID Glossary has
alphabetical listing of Function/Screen ID's used in the module with
page references for quick navigation.
|
1.5 Related Documents
1.6 Glossary of Icons
This User Manual may refer to all or some of the following icons:
Icons
|
Function
|
|
Exit
|
|
Add row
|
|
Delete row
|
|
Option List
|