22.6 Initiate Islamic Outward Guarantee/Stand By LC - Presentation Documents and Undertaking Terms and Conditions

This topic provides the systematic instructions to initiate an Outward Guarantee/Stand By LC - Presentation Documents and Undertaking Terms and Conditions in the application.

Presentation Documents and Undertaking Terms and Conditions tab captures the documents and undertaking terms and conditions present in the Outward Guarantee application.

To initiate the Presentation Documents and Undertaking Terms and Conditions:

1. Navigate to Initiate Islamic Outward Guarantee/Stand By LC screen.
2. On Initiate Islamic Outward Guarantee/Stand By LC screen, then click Presentation Documents and Undertaking Terms and Conditions.
   The Initiate Islamic Outward Guarantee/Stand By LC - Presentation Documents and Undertaking Terms and Conditions screen appears.

   Figure 22-9 Initiate Outward Guarantee/Stand By LC - Presentation Documents and Undertaking Terms and Conditions
   
   Description of the illustration initiate-outward-guarantee-presentation-terms-and-conditions.png
   

   Note:

   The fields which are marked as Required are manadatory.

   For more information refer to the field description table below:

   Table 22-8 Initiate Islamic Outward Guarantee/Stand By LC - Presentation Documents and Undertaking Terms and Conditions - Field Description

   Field Name	Description
   Undertaking Terms and Condition	Select the applicable terms and condition of the undertaking. The options are: Standard Non Standard
   Terms and Condition	Displays the details of applicable terms and condition of the undertaking. The standard details of applicable terms and condition of the undertaking appears, if you select Standard option in the Undertaking Terms and Condition field. This field allows you to enter the terms and condition of the undertaking, if you select Non Standard option in the Undertaking Terms and Condition field.
   Document and Presentation Instruction	Specify the presentation instructions (for example, form and/or place of presentation) including documents required to make a complying demand. The field indicates the details of the document and presentation instructions present in the Outward Guarantee.

3. Select the appropriate option in the Undertaking Terms and Condition field.
   1. Specify the details of the applicable terms and condition of the undertaking, if you select Non Standard option.
4. Specify the details of the document and presentation instructions present in the Outward Guarantee, in the Document and Presentation Instruction field.
5. Perform any one of the following actions:
   • Click Next to proceed to the next tab.

     The Instructions tab appears in the Initiate Islamic Outward Guarantee/Stand By LC screen.

   • Click Save As Draft, system allows transaction details to be saved as a template or draft. (For more details, refer Save As Template or Save As Draft sections.)
   • Click Cancel to cancel the transaction.

     The Dashboard appears.

   • Click Back to go back to previous screen.