Step 1: Click on Trade Services > Import Letter of Credit
Note: User permissions should be in place to work with Import Letters of Credit. If not, contact your Corporate Administrator.
- The Import Letter of Credit Landing page displays a list of Import Letter of Credits based on its transaction status. If you would like to check the status of a Letter of Credit, you would be able to see it on this page in the relevant tabs.
Live - Lists all the approved Letter of Credit records and the expired Letter of Credit records by the bank. (Maker)
Draft - Lists all the LCs in draft state and also the transactions that checker has returned for improvement. (Maker)
Actions - Lists all the Import Letters of Credit transactions on which the bank has requested further action. (Maker)
Pending Approval - Lists all existing Import Letters of Credit transactions that are awaiting approval from a second user within the corporate. (Checker)
Pending at Bank - Lists all existing Import Letters of Credit that are awaiting bank approval. (Maker)
Rejected - Lists all the rejected Letter of Credit records by the bank. The status given to such LCs is "Not Processed".
Other - Lists all the Import Letters of Credit transactions that are either expired or have been marked as purged by the bank. You cannot initiate further amendments or messages on such a transaction and can only use its data for inquiry purposes.
- The following buttons are also available in the Import Letter of Credit Landing page:
Templates Use this option to Create, Edit and Delete an Import Letter of Credit template. (Maker)
Request Islamic Letter of Credit Use this option to initiate a new request for Islamic Letter of Credit. (Maker)
Request Letter of Credit Use this option to initiate a new request for Letter of Credit. (Maker)