2 Functional Operations features

  • Issuing Islamic Letter of Credit/Guarantee
  • Sight and Usance Islamic LCs
  • Revolving & Non Revolving Islamic LCs
  • Marking acknowledgment on receipt of Documentary Credit
  • Manual Availment
  • Revolve by Time/Value
  • Generation of Advices and Messages
  • Amendment Confirmation for LI and Islamic Guarantee
  • Reversal of Availment
  • Contract Reversal
  • Pre closure of Islamic LCs
  • Pre advice of import and export Islamic LCs
  • Support for shipping Guarantees
  • Support for Standby Islamic LC’s
  • Linkage of Accounts and creation of amount block
  • Provision to Validate Message generation during contract save
  • Substitution for SWIFT Characters(x and z Character set)
  • Processing of Islamic Back to back LCs
  • Transfer of Islamic LCs/Guarantees
  • Collection of cash collaterals
  • Transfer of Cash collaterals from Islamic LC to Islamic Bills
  • Tracking of Limits and Collaterals
  • Limits tracking for Liability Margin for Import LC
  • Auto creation of Loans for Cash collateral
  • FIFO/LIFO methods for profit calculation
  • Event Reversal for Version creating Events
  • Provision to Validate Message generation during contract save
  • Substitution for SWIFT Characters(x and z Character set)
  • Event Reversal for Version creating Events
  • Silent Confirmation for Export LCs