Manage Interest
You can define the fixed and floating interest rates for credit balance, debit balance, and penalty charges for summary accounts and currency summary accounts. The interest conditions defined for the summary accounts are inherited from their underlying virtual accounts.
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Allows to update credit interest condition for a summary account
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Updates the penalty interest conditions on summary accounts
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Update credit interest condition for a summary account
Maintenance
Given below are the service operations for Maintenance.
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Update an existing amendment for specific letter of credit
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Updates the amendments to the letter of credit for the specified letter of credit/customer reference number
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Initiate the registration of a presentation done for letter of credit transaction
Update Drawings
PUTUpdate an existing drawing for a specific letter of credit
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Updates letter of credit amendments seeking beneficiary's consent for the specified letter of credit/customer reference number
Update Cancellations
POSTUpdates the cancellation details of the issued import letter of credit for the specified letter of credit/customer reference number
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Updates the decision on amendments to import letter of credit for the specified letter of credit/customer reference number
Create Drawings
POSTInitiate a new drawing request registerered for a specific letter of credit
Update Export LC
PUTUpdate a new export letter of credit for specific customer
Update LC
PUTUpdates the letter of credit initiation for the specified letter of credit/customer reference number