General Details

Introduction

This section includes details regarding the initiator who requests for the issuance of LC and few details of the LC.

Navigation

• Click General Details in the Initiate LC Issuance Request  screen.

• The General Details screen is displayed.

What you can do

The table below provides a brief description of the data that should be entered on the screen and the functions that can be  performed:

Field

Description

COMMON DETAILS

LC Type

Mandatory

Drop-down

Select the type of LC to be requested from bank based on the needs.

Valid Values:

Irrevocable - Default

Irrevocable Transferable

Irrevocable Standby

Irrevocable Transferable Standby

LC Sub Type

Optional

Drop-down

Select the LC sub type from among the list to be requested from bank.

Valid Values:

Select - Default

Red Clause

Back to Back

Revolving

Advice Mode

Mandatory

Drop-down

Select the mode by which issuance of LC has to be advised.

Valid Values:

SWIFT - Default

Telex

Mail

Others

Reference to Pre-Advice

Alphanumeric/16

Enter the pre-advice reference number, if applicable.

Applicable Rules

Select the rule applicable for the credit.

Drop-down

EUCP Latest Version

EUCPURR Latest Version

ISP Latest Version

Other -  Enter the details in the adjacent text box

UCP Latest Version - Default

UCPURR Latest Version

Applicant Name

Alphanumeric/80

Name found in Primary CIF involved will be defaulted.

User also has option to enter the name of the applicant.

Note:

In most of the cases account name will be the applicant name, against whom the LC Is issued. Name found in Primary CIF involved will be defaulted.

APPLICANT ADDRESS

Note:

• All fields in this except 'On behalf of Name' are display fields.

• Primary CIF address details will be pre-populated in the below fields.

Address (Line 1-3)

Optional

Alphanumeric/80 each

The address details of the corporate requesting the LC be issued from the CIF.

Note:

Address Line 1 is mandatory while other address fields are optional.

City & Zip

Mandatory

Alphanumeric/50 & 9 respectively

The City and Zip code part of the applicant’s address.

State

Mandatory

Alphanumeric/5

The State part of the applicant’s address.

Country

Mandatory

Drop-down

The Country of the corporate requesting LC.

On behalf of Name

Optional

Alphanumeric/80

Use ‘Click here’ link to lookup and select a customer from the ‘Find Customer ID’ page.

ON BEHALF OF ADDRESS

Note:

• All fields in this till 'Country' are display fields.

• Following address details will be defaulted based on the customer selected in the above field.

Address (Line 1-3)

Optional

Alphanumeric/80 each

The address details of the corporate requesting the LC be issued  from the CIF.

City & Zip

Optional

Alphanumeric/50 & 9 respectively

The City and Zip code part of the applicant’s address.

State

Optional

Alphanumeric/5

The State part of the applicant’s address.

Country

Mandatory

The country of the corporate requesting LC.

Expiry Date

Mandatory

Date

Enter the Date of Expiry of LC using the calendar widget or manually. This date should be at least equal to current date.

Place of Expiry

Co-mandatory - if advise mode is SWIFT

Alphanumeric /65

Enter the place where the LC expires.

APPLICABLE FOR BACK TO BACK LC’s

Back to Back LC Number

Co-mandatory - if LC sub type is Back to Back LC

Alphanumeric /16

Enter the Back to Back LC reference.

APPLICABLE FOR REVOLVING LC’s

Re-Instate Type

Co-mandatory – if LC sub type is Revolving LC

Select the basis for re-instatement.

Option button

Advice Based - Default

Bill Based

Re-Instate Method

Co-mandatory – if LC sub type is Revolving LC

Select the method of re-instatement.

Option button

Cumulative

Non-Cumulative

Re-Instate Day (s)

Co-mandatory – if LC sub type is Revolving LC

Numeric /5

Enter the number of days for re-instatement of the LC.

Max Number of Re-Instatements

Co-mandatory – if LC sub type is Revolving LC

Numeric /5

Enter the maximum number of re-instatements allowed for the LC.