2.2.3 Synopsis (ex. high level features etc)

1. Support for Immediate reimbursement (With/Without)
2. Confirmation (With/Without/May add)
3. Financial Amendment confirmation
4. Tracking of limit –Applicant (Fixed)
5. Clauses and Free format text required for the product can be attached.
6. Closure- Auto\Manual
7. Cancellation & Re Open of LC
8. Back Value dating allowed
9. Contingent Accounting for contracts
10. Cash Collateral (Percentage/Amount) can be increased/ Decreased during Availment /Amendment
11. Linkages: Term Deposit, Commitment
12. Signature Verification
13. Provision to capture Draft details and open insurance policy
14. Specifying Goods, Shipping and Document Details for an LC
15. Specifying Details of the Parties Involved in an LC
16. STP support.
17. Pre advice of LCs
18. Movement of Cash collateral from LC to Bills