Sweep
Sweeps are a movement of funds from one virtual account to another targeting to maintain the defined minimum or maximum amount of account balances. You can set up balance sweeps among virtual accounts that are part of the same structure and currency. You can also perform sweeps among accounts in a cash pool group.
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Retrieve the processed sweeps.
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Retrieves sweep with rules which will be checked against to see if a transfer of funds needs to be made from one account to another.
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Retrieves the cashpool group details of the virtual accounts.
Issuance
Given below are the service operations for Issuance.
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Initiation of the export documentary collection by the collecting bank
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Lodgment of the Import documentary collection by the collecting bank
Maintenance
Given below are the service operations for Maintenance.
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Updates the amendments to the outward collection for the specified letter of credit/customer reference number
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Updates the amendments to the inward collection for the specified letter of credit/customer reference number
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Amendments to outward collection contracts are implemented by revising the contract with updated values
Enquiries
Given below are the service operations for Enquiries.
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Retrieves the outstanding details of outward collections
Fetch Drawing
GETRetrieve the details of specific drawing that is created against a letter of credit