7 Annexure – D

• No separate event to trigger Pre-Advise. Pre-Advise message has to be attached with BISS event and will be generated along with MT700. Since the procedure is against Market practice suggested workaround is to suppress the Generation of MT700 at the time of issuance and later manually generate LC Instrument from Outgoing Browser.
• Amendment Message has to be attached only in AMNV event.

In the following products LCY has been restricted so the FCY transaction can be tracked separately.

IUNF-Islamic Import LC Usance Non Revolving- FCY

ISNF-Islamic Import LC Sight Non - Revolving-FCY

ISRF-Islamic Import LC Sight Revolving- FCY

ELRF- Islamic Export LC Revolving-FCY

ELNF- Islamic Export LC Non Revolving -FCY

Beside the above commonly used import products mentioned above following product has been created for specific requirement

LCIR – For issuing the LC that has been requested from other branch/bank with Arrears non periodic

IUNP- Advance Periodic commission

Limitations

• Linking of Free Format Text for MT747 is not supported.
• Linking of Free Format text for MT720 is not supported.
• Cancellation / Amendment of Transfer is not supported.
• Creation of a Transfer LC will automatically collect the charges and generate messages defined for BADV event. Suggested work around is to make use of a specific product for transfer with all the charges waived and Messages suppressed. User has to remove the restrictions while creating the parent contract.
• STP messages will appear as ‘Unauthorized’ in incoming browser. These messages have to be manually authorized.
• Stand By LC generation is supported only for MT700
• STP message processing for MT760 is not supported.
• Commission/Charges during Reinstate is not supported