10.2 View Export Letter of Credit - LC Details

This topic provides the systematic instructions to view an Export Letter of Credit - LC Details in the application.

View Export Letter of Credit Details tab captures the general details of the LC application process.

To view an Export Letter of Credit (LC):

1. Navigate to View Export Letter of Credit screen.
   On navigation to View Export Letter of Credit screen, user lands to LC Details tab screen.

   Figure 10-4 View Export Letter of Credit - LC Details

   
   

   
   Description of "Figure 10-4 View Export Letter of Credit - LC Details"

   
   

   For more information refer to the field description table below:

   Table 10-3 View Export Letter of Credit - Field Description

   Field Name	Description
   LC Reference No.	Displays the reference number of the LC.
   Product	Displays the Export LC product name under which the LC is created.
   LC Amount	Displays the amount availed against the LC.
   Date of Expiry	Displays the date on which the LC expires and holds no more valid.
   LC Details	This section displays the View Export Letter of Credit - LC details.
   Applicant	Displays the LC applicant name based on the selected party ID.
   View Address	Click the link to view the address and country of the applicant of the LC in Structured/Hybrid and Unstructured format. Clicking the link, displays Address overlay screen with complete address details of the applicant coming from Host.
   Date of Application	Displays the date of LC application.
   Date of Expiry	Displays the date on which the LC expires.
   Place of Expiry	Displays the place where LC would expire.
   LC Amount	Displays the amount availed against the LC.
   Type of Documentary Credit	Displays the type of documentary credit. The type of documentary credit are: Transferable Non Transferable
   Revolving Type	Displays the revolving type. The options are: Revolving Non Revolving
   Auto Reinstatement	Under a revolving LC, the amount is reinstated or renewed without any specific amendments to the LC. The credit becomes available for use again automatically.
   Cumulative	Displays whether the frequency is cumulative for the LC. The unused amount would be used in the new LC in case of cumulative LC. The options are: Yes No
   LC Type	Displays the type of LC. The options are: Sight Usance
   Product	Displays the Export LC product under which the LC is created.
   Beneficiary Name	Displays the name of the LC beneficiary.
   View Address	Click the link to view the address and country of the applicant of the LC beneficiary in Structured/Hybrid and Unstructured format. Clicking the link, displays Address overlay screen with complete address details of the beneficiary coming from Host.
   LC Amount Tolerance Under (%), Above (%)	Displays the tolerance relative to the documentary credit amount as a percentage plus and/or minus that amount. This field appears if you click the More Information link.
   Total Exposure	Displays the total LC amount including the positive tolerance, with the currency. This field appears if you click the More Information link.
   Additional Amounts Covered	Displays any additional amounts available to the beneficiary under the terms of the credit, such as insurance, freight, interest, etc. This field appears if you click the More Information link.
   Credit Available By	Displays the manner in which credit is available when the bank is authorized to pay, accept, negotiate or incur a deferred payment undertaking for the credit. This field appears if you click the More Information link.
   Credit Available With	Displays the details of Bank where credit is currently available with. It is captured by Bank’s SWIFT code. This field appears if you click the More Information link.
   Credit Days From	Displays the date from which the Draft tenure shall be counted. This field appears if you click the More Information link.
   Negotiation/ Deferred Payment Details	Displays the details of mixed payment. This field appears if Mixed Payment option is selected in the Credit Available By field. This field appears if you click the More Information link.
   Drawee	Displays the name of drawee bank, which would represent draft for claiming money against LC. This field appears if you click the More Information link.
   Drafts section	This section displays the number of drafts available.
   Tenor (In Days)	Displays the number of days of its validity.
   Credit Days From	Displays the date from which the Draft tenure shall be counted.
   Draft Amount	Displays the amount which is seeked by beneficiary on representation of draft.
   Draft	Displays the draft.
   Drafts At	Displays the number of drafts available.
   Goods & Shipment	This section displays the Goods & Shipment details.
   Partial Shipment	Displays whether partial shipments is allowed or not or is conditional.
   Place of Taking in Charge	Displays the place of receipt from where shipment will be done.
   Port of Discharge/Airport of Destination	Displays the port of discharge or airport of destination to be indicated on the transport document.
   Shipment	Displays the latest date for loading on board/ dispatch/ taken in charge.
   Transshipment	Displays whether transshipment is allowed or not or is conditional under the documentary credit.
   Port of Loading/Airport of Departure	Displays the port of loading or airport of departure to be indicated on the transport document.
   Place of Final Destination/For Transportation	Displays the place of delivery of goods or port of discharge.
   Shipment Period	Displays the period of shipment during which the goods are to be loaded on board /dispatched /taken in charge.
   Transport Mode	Displays the transportation mode for the goods.
   More Information	Following Goods related fields appear if you click the More Information link. Click the Hide Information link to hide the fields.
   Goods	Displays the type of good being shipped.
   Description of Goods	Displays the description of goods.
   Units	Displays the number of units of the goods.
   Price Per Unit	Displays the price per unit of the goods.
   Total Amount	Displays the total amount.
   Documents	This section displays the Document details.
   Document Name	Displays the lists of all the documents required to be represented.
   Original	Displays the number “n” out of “m” original documents will be provided to bank.
   Copies	Displays the number of copies that will be submitted as a set of documents for LC.
   Clause	Click the View link to view the clause maintained in the bank application.
   Additional Conditions	Displays the additional condition details of the documentary credit. Following Additional conditions related fields appear if you click the More Information link. Click the Hide Information link to hide the fields.
   Condition Code	Displays the condition code of further conditions of the documentary credit.
   Description	Displays the description of further conditions of the documentary credit.
   Documents to be presented within/beyond days after the date of shipment but within validity of this credit	Displays the number of days after the date of shipment when the documents will be presented to bank. On adding these days to the date of application, it should be within validity period.
   Incoterms	Displays the INCO terms for the LC application.
   Instruction	This section displays the Instruction details.
   Issuing Bank	Displays the name of the issuing bank.
   View Address	Click the link to view the address and country of the Issuing Bank in Structured/Hybrid and Unstructured format. Clicking the link, displays Address overlay screen with complete address details of the Issuing Bank coming from Host.
   Special Payment Conditions for Beneficiary	Displays the special payment conditions applicable to the beneficiary, for example, post financing request/ conditions.
   Confirmation Instructions	Displays the confirmation instructions for the requested confirmation party.
   Requested Confirmation Party	Displays the bank which is requested to add its confirmation or may add its confirmation.
   Confirming Bank	Displays the confirming party is the Confirming bank.
   Advising Through Bank	Displays the advising through bank SWIFT ID and address.
   Special Payment Conditions for Bank Only	Displays the special payment conditions applicable to bank without disclosure to the beneficiary, for example, post-financing request /conditions.
   More Information	Following fields appear if you click the More Information link. Click the Hide Information link to hide the fields.
   Sender to Receiver Information	Displays the additional information for the receiver. This field appears if you click the More Information link.
   Special Instructions	Displays the special instructions, if any. This field appears if you click the More Information link.
   Charges	Displays the details specify charges to be borne by the beneficiary. This field appears if you click the More Information link.

2. Click the View Availments link to view the availments for LC.
   The Availments for LC overlay screen appears.

   Figure 10-5 Availments for LC

   
   

   
   Description of "Figure 10-5 Availments for LC"

   
   

   For more information refer to the field description table below:

   Table 10-4 Availments for LC - Field Description

   Field Name	Description
   No	Displays the serial no. of the availment record.
   Date	Displays the date of availment.
   Description	Displays the description of availment under an LC.
   Amount	Displays the amount of availment against the LC.
   Total Availments	Displays the total availment amount against the LC.

3. Perform any one of the following actions:
   • Click Attached Documents tab to view the attached documents.
   • Click Back to navigate back to previous screen.