Synopsis (ex. high level features etc)

2.1.3 Synopsis (ex. high level features etc)

Confirmation (With/Without/May add)
Financial Amendment confirmation
Tracking of limit –Applicant (Fixed)
Clauses and Free format text required for the product can be attached.
Closure- Auto\Manual
Cancellation & Re Open of LC
Back Value dating allowed
Contingent Accounting for contracts
Cash Collateral (Percentage/Amount) can be increased/Decreased during Availment/Amendment
Linkages: Term Deposit
Signature Verification
Provision to capture Draft details and open insurance policy
Specifying Goods, Shipping and Document Details for an LC
Specifying Details of the Parties Involved in an LC
STP support
16.Pre closure of LCs
17.Pre advice of import and Export LCs

Parent topic: Islamic Import LC Usance Revolving (ILIP) & Islamic Import LC Sight Revolving (ILIR)