Applicant Actions
DC Workflow
DC workflow | |
---|---|
Creating and using a DC template | |
Sending DC to the beneficiary or issuing bank | |
Sending an amendment request to beneficiary or issuing bank | |
Request to Cancel an issued DC |
Presentation Workflow
Presentation Workflow | |
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View and reply to a Discrepancy Notice | |
View and download released documents | |
Send Bill Settlement instructions |
General
General | |
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Sending a P2P messages | |
Replying to a P2P message |
Details
Creating and using a DC template
Maker
A DC template is a pre-filled application form. The maker can create multiple templates and re-use any one while creating a DC application. You can fill all fields, or leave some blank to be added while submitting the application.
- On the left menu, click on
Import DC
tab. - Click on
Create
button. - Click on
Manage Templates
button. - Click on
Create template
option. - You will see a blank DC form. Enter the form values you need in the template.
- Scroll down and click on
Create
button. - Give a name to your template in the dialog box that appears. If you have several templates, you can select
Prioritize template
, so that it shows up at the top of the list. - Click on
Save
button. The template is saved.
To use a template during DC application
- On the left menu, click on
Import DC
tab. - Click on
Create
button. - Click on the template that you wish to use.
- A DC application form is created, pre-filled with the template values.
- Proceed to fill and submit the application to beneficiary or issuing bank.
Sending a DC application to the beneficiary or issuing bank
Maker
- On the left menu, click the
Import DC
tab - Click the
Create
button- Choose to create a new application from an existing template, recently submitted application, or from scratch with a blank form
- Fill in the application form or make changes to pre-filled fields from a template or recently submitted application
- Not all fields need to be filled. You can leave some blank if your intention is for the beneficiary or issuing bank to complete some fields
- If the issuing bank is to be authorised to make changes, there is a
tick box
that must be selected underneath the Issuing Bank fieldIf you want to save your work and return to it later, use the
Save Template
button.
- Once completed, and if the Draft DC form is to be shared with the beneficiary before being submitted to the issuing bank, click
send to beneficiary
button - If the application is to be submitted to the issuing bank, click the
Submit to Issuing Bank
button - Preview the application
- Click the
Submit
button to confirm. - Add comments (optional). Click on
Confirm
. - Page will redirect to the summary list.
Checker
- On the left menu, click the
Import DC
tab. A list of Import DCs will be shown on the right pane. - Click on the newly created DC. It will be highlighted, with the DC status as
Draft in progress - Checker to review
. - Review the DC details. Click on
Verify
to complete the checking process. To return the draft to the maker, click onDecline
. A confirmation dialog box is shown. - Add comments (optional). Click on
Confirm
. - You will return to the summary listing. The status of DC will be
Draft in progress - Approver to review
Approver
- On the left menu, click the
Import DC
tab. A list of Import DCs will be shown on the right pane. - Click on the newly created DC. It will be highlighted, with the DC status as
Draft in progress - Approver to review
. - Review the DC details. Click on
Verify
to complete the checking process. To return the draft to the maker, click onDecline
. A confirmation dialog box is shown. - Add comments (optional). Click on
Confirm
. - You will return to the summary listing. The DC status will be
Application submitted - Issuing bank to review
.
Sending a DC amendment request to the beneficiary or issuing bank
Maker
The applicant can initiate an amendment request on an Issued and Advised DC
- On the left menu, click the
Import DC
tab - In the summary listing, click on the DC to be amended.
- Click on
DC Form
to view the DC details. Scroll to the bottom of the form and click onAmend
- The DC form is now editable. Update the desired fields. The changes are highlighted with (!) marks. Click on them to see the change details.
- Send the changes to the beneficiary by clicking on
Send to beneficiary
. If you want to send it directly to the issuing bank, then click onSend to Issuing bank
. You will be shown a summary of the amendment application. - Review your application and click on
Submit
. - You will return to the summary page. The Amendment status will show
Draft in Progress - checker to review
Checker
- On the left menu, click the
Import DC
tab - In the summary listing, the DC being amended will be highlighted. Click to open the DC. You will see an Overview of the amendments done on the DC. Click on the highlighted record (version will indicate
Draft
). - You will be able to see a summary of changes done in this version. Click on the
View
link to see the full DC form. - In the DC form, you will see the amended fields highlighted with (!) marks. Click on them to see the change details.
- Complete the checking by clicking on
Verify
button. To send it back to the maker, click onDecline
. Add your comments in the confirmation dialog box (optional) - You will return to the summary page. The Amendment status will show
Draft in Progress - approver to review
Approver
- On the left menu, click the
Import DC
tab - In the summary listing, the DC being amended will be highlighted. Click to open the DC. You will see an Overview of the amendments done on the DC. Click on the highlighted record (version will indicate
Draft
). - You will be able to see a summary of changes done in this version. Click on the
View
link to see the full DC form. - In the DC form, you will see the amended fields highlighted with (!) marks. Click on them to see the change details.
- Complete the checking by clicking on
Approve
button. To send it back to the maker, click onDecline
. Add your comments in the confirmation dialog box (optional) - You will return to the summary page. The Amendment status will show
Draft text - beneficiary to review
- Instead of sending to beneficiary, if the amendment is sent to the Issuing bank, then the status says
Draft text - issuing bank to review
Request to Cancel an issued DC
Maker
- On the left menu, click the
Import DC
tab - In the summary listing, click on the DC to be cancelled.
- Click on
P2P message
in the left pane. - Click on the pencil icon to create a new P2P message.
- Select 'Request for cancellation' from the dropdown for P2P message types.
- All parties in the DC will be auto selected, and they cannot be edited.
- Enter additional description in the message text box.
- Click on
Send
. Confirm the action in the pop up dialog box.
Checker
The checker receives a notification email when the maker completes an action.
- On the left menu, click the
Import DC
tab - In the summary listing, click on the DC to be cancelled.
- Click on
P2P message
in the left pane. The request for cancellation will be shown in the right pane. - Review the message and click on
Verify
. (ClickReject
to return it to the maker). Confirm the action in the pop-up dialog box.
Approver
The approver receives a notification email when the checker completes an action.
- On the left menu, click the
Import DC
tab - In the summary listing, click on the DC to be cancelled.
- Click on
P2P message
in the left pane. The request for cancellation will be shown in the right pane. - Review the message and click on
Approve
. (ClickReject
to return it to the maker). Confirm the action in the pop-up dialog box. - The cancel request is now sent to all parties.
View and reply to a Discrepancy Notice
If there are discrepancies in the DP presented by the beneficiary, the issuing bank may request for a waiver from the applicant. This is done using a P2P message.
Maker
Refer to maker actions in Replying to a P2P message
Checker
Refer to checker actions in Replying to a P2P message
Approver
Refer to approver actions in Replying to a P2P message
View and download released documents
Once the issuing bank has released documents presented by the beneficiary, the applicant can view and download them on Contour.
All users
Users will receive a notification email when the bank releases the presented documents.
- Click on the
Import DC
tab. Select the DC under which the presentation was made. - Click on the relevant presentation (named DP1, DP2 etc). You will see a list of documents under the DP on the left pane.
- Click on each document to view the details provided by the beneficiary. If there are any attachments, you will be able to download them also.
Send Bill Settlement instructions
Maker
- Click on the
Import DC
tab. - In the summary listing, find and click on the DC for which you want to send bill instructions.
- Under the DC, find the relevant presentation (DP) in the left pane and click on
P2P message
. - You will see a list of previous messages(if any), click on the 'draft' icon.
- Select the type of message as
Bill instructions
. - Type the recipient names. You can select any party involved in the DC transaction.
- View and update the
Settlement method
, if required. Give the settlement amount and other instructions in the provided fields. - If you want to attach any files, use the
Attach
button.Only PDF with max 7MB is allowed as attachments.
- Click on
Send
. - The Checker will be notified via email.
Checker
Refer to checker actions in Sending a P2P message
Approver
Refer to approver actions in Sending a P2P message
Sending a P2P Message
Maker
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC for which you want to send a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to send a message related to an amendment or a DP, go to the corresponding P2P message section. - You will see a list of messages, click on the 'draft' icon.
- Select the type of message. Send a
General message
if you cannot find a specific appropriate type in the dropdown list. - Type the recipient names. You can select any party involved in the DC transaction.
- Give a subject.
- Type in the message contents.
- If you want to attach any files, use the
Attach
button. - Click on
Send
. - The Checker will be notified via email.
Only PDF with max 7MB is allowed as attachments.
Checker
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC for which you want to send a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to verify a message related to an amendment or a DP, go to the corresponding P2P message section. - You will see the
Review P2P message
page. Click on the message to be reviewed. - Click on
Verify
to complete checking. Confirm the action in the pop-up dialog box. - The Approver will be notified via email.
Approver
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC for which you want to send a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to approve a message related to an amendment or a DP, go to the corresponding P2P message section. - You will see the
Review P2P message
page. Click on the message to be reviewed. - Click on
Verify
to complete checking. Confirm the action in the pop-up dialog box. - The recipient parties will be notified via email.
Replying to a P2P Message
Maker
The makers will receive a notification when a P2P message is received by the organisation.
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC in which you want to reply for a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to reply to a message related to an amendment or a DP, go to the corresponding P2P message section.
Checker
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC in which you want reply for a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to approve a reply related to an amendment or a DP, go to the corresponding P2P message section. - You will see the
Review P2P message
page. Click on the message to be reviewed. - Click on
Verify
to complete checking. Confirm the action in the pop-up dialog box. - The Approver will be notified via email.
Approver
- Click on the
Import DC
tab (if you are an applicant or issuing bank). Otherwise click onExport DC
tab. - In the summary listing, find and click on the DC in which you want reply for a P2P message.
- Under the DC in the left pane, click on
P2P message
. If you want to approve a reply related to an amendment or a DP, go to the corresponding P2P message section. - You will see the
Review P2P message
page. Click on the message to be reviewed. - Click on
Verify
to complete checking. Confirm the action in the pop-up dialog box. - The recipient parties will be notified via email.