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How to Check the Status of a Letter of Credit (LC) Amendment Application? Print

To check the status of a Letter of Credit (LC) Amendment Request, follow these steps:

Step 1: To locate the Letter of Credit (LC) Application Form on iTrade

  • Click on Trade Services >> Import Letter of Credit >> Pending LCs

Step 2: Listed status types

  • New - the request is under process with the bank, and the status will be updated accordingly
  • Message (correspondence) - a clarification has been sent to your company to check and revert (follow over to step 3)
  • if the status of LC does not show here, that means LC has been processed, and advice will be available under "LC Inquiry"

Step 3: Reviewing Message (correspondence) if requested from your company by the bank

  • Click the left button of System ID with the status type Message (correspondence) of the particular LC application to know the query
  • Required information from your company will be reflected as seen below.

Step 4: Replying to the message (correspondence) to the bank if any info is requested from your company

  • Click on "Bills & Correspondences"
  • Click on "Correspondences- Existing LC"
  • Click on " Search"
  • Click on " System ID," then choose the correct system ID to be responded

  • Click on "Message type" then "correspondence" 
  • Click on "Free Format Message" 
  • Provide all requested information using "Add a file" to attach any files if required
  • Click on "Submit" once the request is processed then LC and debit advice will be available under "LC Inquiry"

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