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Advising / Nominated Bank

DC Workflow

DC Workflow
Advise a DC to the Beneficiary
Approve / Reject a DC Cancel request
Advise / Reject a DC amendment

Presentation

Presentation
View and Forward a presentation

General

General
Sending a P2P message
Replying to a P2P message

Details

Advise a DC to the Beneficiary

Maker

When a DC is issued by the issuing bank or advised by a confirming bank, the advising/nominated bank users receive a notification email.

  1. On the left menu, click the Export DC tab

  2. In the summary listing, click on the DC to be advised. The DC status will be Issued - Please review. The DC details will be shown. If confirmation party was involved, then the status will be Issued and advised - Please review. Advice Main

  3. Once you clicked the DC, you will be landed in Overview page which has issuing bank reference number. Please click the original documentary credit to view the DC Details. Export Overview

  4. In the original documentary credit page you can scroll to view the DC details. Export DC

  5. Once you reviewed the DC conditions and it is good to advise, click Advice Documentary Credit. If you do not wish to advise the DC click Reject Documentary Credit.

  6. You will be landed in Advise page. There enter the Advised DC reference.
  7. Click Send for internal approval. It will initiate an internal approval request.
  8. The checker will receive a notification email.

Checker

The checker receives a notification mail once the maker has performed and submitted an action.

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC application to be confirmed. The status will be Issued - Please review. The DC details will be shown.

  3. Select the original DC from the overview page. You can see the DC detail in Advise page. Advise Checker

  4. Check the details of the DC. If everything is OK, then click on Send for internal approval or Click Return internally to return it to the maker.

  5. If the checker clicked on Send for internal approval a notification email will be sent to the approver. If the checker clicked on Return internally a notification email will be sent to the maker.

Approver

The approver receives a notification mail once the checker has performed and submitted an action.

  1. On the left menu, click the Export DC tab.
  2. In the summary listing, click on the DC application to be confirmed. The status will be Issued - Please review. The DC details will be shown.

  3. Select the original DC from the overview page. You can see the DC detail in Advise page. Advise Approver

  4. Check the details of the DC. If everything is OK, then click on Advise Documentary Credit or Click Return internally to return it to the maker.

  5. If the checker clicked on Advise Documentary Credit a notification email will be sent to the Beneficiary, Applicant, Issuing Bank and confirming bank. If the checker clicked on Return internally a notification email will be sent to the maker.

Approve / Reject a DC Cancel request

When the applicant creates a DC cancel request (using P2P message), a notification email is sent to all parties.

Maker

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC to be cancelled.
  3. In the overview page open the Messages tab.

  4. You will see the DC cancel request. Click on it to see the details. DC Cancel Request

  5. Click on Accept cancellation to approve cancellation else Reject cancellation to reject it to the applicant.

  6. This will initiate a internal approval workflow.
  7. A notification email will be sent to the checker.

Checker

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC to be cancelled.
  3. In the overview page open the Messages tab.

  4. You will see the DC cancel request. Click on it to see the details. Cancel Request - Checker

  5. Check the details of the cancellation request. If everything is OK, then click on Send for internal approval or Click Return internally to return it to the maker.

  6. If the checker clicked on Send for internal approval a notification email will be sent to the approver. If the checker clicked on Return internally a notification email will be sent to the maker.

Approver

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC to be cancelled.
  3. In the overview page open the Messages tab.

  4. You will see the DC cancel request. Click on it to see the details. Cancel Request - Approver

  5. Check the details of the cancellation request. If everything is OK, then click on Send Message or Click Return internally to return it to the maker.

  6. If the checker clicked on Send Message a notification email will be sent to the Applicant, Beneficiary, Issuing bank and Confirming Bank. If the checker clicked on Return internally a notification email will be sent to the maker.

Advise or Reject a DC amendment

Maker

The users will receive a notification email when the issuing bank issues an amendment to a DC.

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC that was amended. The amendment status will be Amended - Please review.

  3. You will be landed in DC overview page where you can see the Amendment version with status Amended - Please review. Click to view the amendment details. Amendment Maker

  4. You will be landed in amendment page which has DC details and the amendment in red color with track changes enabled. Amendment Page

  5. Once you reviewed all the changes click Advise Amendment to initiate an internal approval. If you want to reject the amendment click Reject Amendment.

    Note: This decision can be made after consulting with the beneficiary through general P2P messages.

  6. System sends a notification email to the checker.

Checker

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC application to be confirmed. The status will be Amended - Please review. The DC amendment details will be shown.

  3. Select the Amendment version which has status as Amended - Please review from the overview page. You can see the DC detail in Advise Amendment page. Advise Amendment

  4. Check the details of the amendment. If everything is OK, then click on Send for internal approval or Click Return internally to return it to the maker.

  5. If the checker clicked on Send for internal approval a notification email will be sent to the approver. If the checker clicked on Return internally a notification email will be sent to the maker.

Approver

  1. On the left menu, click the Export DC tab
  2. In the summary listing, click on the DC application to be confirmed. The status will be Amended - Please review. The DC amendment details will be shown.

  3. Select the Amendment version which has status as Amended - Please review from the overview page. You can see the DC detail in Advise Amendment page. Amendment Approver

  4. Check the details of the amendment. If everything is OK, then click on Advise Amendment or Click Return internally to return it to the maker.

  5. If the checker clicked on Advise Amendment a notification email will be sent to the Beneficiary. If the checker clicked on Return internally a notification email will be sent to the maker.

View and Forward/Return a presentation

Maker

  1. On the left menu, click the Export DC tab.

  2. In the summary listing, click on the DC application to be confirmed. The Presentation status will be Bank Review - Please review. Click the DC to go to Overview page. DP Main

  3. In DC overview page you will see the Original DC, all the versions of amendment and all presentations. Click on the presentation to be reviewed which will have status Bank Review - Please review. DP overview

  4. Once you clicked you will be landed in presentation page where you Forward Presentation or Return Presentation. DP Details

  5. Once you reviewed the documents to forward the presentation, click on Forward Presentation. (To return it to the previous party, click on Return Presentation.)

  6. When you click forward presentation to Issuing Bank, system will pop-up and ask you to Add cover letter. Cover Letter

  7. Upon click Add cover letter in the pop-up message box, you will be landed in Presentation details blank cover letter page. You can add the cover letter. Bank Cover Letter

  8. Once reviewed the presentation and added the cover letter you can click Forward Presentation to forward it to Issuing bank. It will initiate an internal approval workflow.

  9. Checker will get email notification.

Checker

  1. On the left menu, click the Export DC tab.
  2. In the summary listing, click on the DC application to be confirmed. The Presentation status will be Bank Review - Please review. Click the DC to go to Overview page.
  3. In DC overview page you will see the Original DC, all the versions of amendment and all presentations. Click on the presentation to be reviewed which will have status Bank Review - Please review.

  4. You will be landed in Forward to Issuing bank page. Forward Issuing Bank

  5. Check the details of the presentation and cover letter. If everything is OK, then click on Send for internal approval or Click Return internally to return it to the maker.

  6. If the checker clicked on Send for internal approval a notification email will be sent to the approver. If the checker clicked on Return internally a notification email will be sent to the maker.

Approver

  1. On the left menu, click the Export DC tab.
  2. In the summary listing, click on the DC application to be confirmed. The Presentation status will be Bank Review - Please review. Click the DC to go to Overview page.
  3. In DC overview page you will see the Original DC, all the versions of amendment and all presentations. Click on the presentation to be reviewed which will have status Bank Review - Please review.

  4. You will be landed in Forward to Issuing bank page. Forward Issuing Bank

  5. Check the details of the presentation and cover letter. If everything is OK, then click on Forward Presentation or Click Return internally to return it to the maker.

  6. If the checker clicked on Forward Presentation a notification email will be sent to the Beneficiary, Applicant, Issuing Bank. If the checker clicked on Return internally a notification email will be sent to the maker.