1.9.1 Cancel Transfer Letter of Credit

the option to cancel the issued transfer Letter of Credit.

User can search for the desired Transfer LC that has to be cancelled from the lookup. When the user has selected the required LC, the details of the same is displayed on the screen. User can also validate the charges fetched from Back office in the Charges, Commissions and Taxes tab of the screen. There is also an option to attach any documents, view and check the standard instructions and accept the terms and conditions required for the cancellation of outward Transfer LC contract.

Corporate Checker can approve, reject, send to modify, and lock the submitted transaction. Once submitted to Bank, the application can be tracked under app tracker and will follow bidirectional flow.