Tenor Details

Introduction

This section includes details like bill date, currency, bill amount etc. Multiple bills can be added against an LC.

Navigation

• Click Tenor Details in the Initiate Export Bill screen.

• The Tenor 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

Total Bill amount with currency

Optional

The total amount of bills lodged and currency. The sum of all bills lodged is displayed.

Financing Required

Mandatory

Option button

Select

Yes – If financing is required for the bill lodged.

No – If no financing is required for the bill - Default.

TENOR DETAILS

Bill Amount

Mandatory

Amount / 18(3)

Enter the bill amount. Currency is defaulted as per LC .

Bill tenor

Mandatory

Drop-down

Select the bill tenor based on arrangement. If ‘others’ is selected, details should be provided in the adjacent text box.

Valid Values:

Sight

Usance

Deferred

Others

Bill date

Mandatory

Date

Select or enter the bill date.

Due date indicator

Mandatory

Drop-down

Select the due date indicator for the bills from the drop-down list.

Valid Values:

Lodge date

Shipment date

Bill date

Acceptance date