Lc Issaunce, Amendment, And Checking Documents
• Receive new documents from mail department.• Assign the documents to production assistant to register and bring the files.• A checklist need to be prepared covering the steps need to be checked.• Start checking the documents according to the latest version of UCP and ISBP.• Process advice and notify the customer therefore notify the negotiating bank whether acceptance or refusal ofthe documents.• Receive a SWIFT from negotiating bank, time stamp the SWIFT, review SWIFT… Show more • Receive new documents from mail department.• Assign the documents to production assistant to register and bring the files.• A checklist need to be prepared covering the steps need to be checked.• Start checking the documents according to the latest version of UCP and ISBP.• Process advice and notify the customer therefore notify the negotiating bank whether acceptance or refusal ofthe documents.• Receive a SWIFT from negotiating bank, time stamp the SWIFT, review SWIFT using procedure.• Prioritize transaction according to customer segment.• Accurately process all inputs to automated systems and special instructions.• Validate correctness and accuracy of processing.• Maintain LC folder.As Issuance process:----------------------------• Receive a letter of credit application.• Review application terms and conditions, and signature verivication.• Availment ticket to be prepared for approval.• Financial entries to be processed by production assistance.• Data verification by production officer.• assign again the file to the production assistance to prepare a SWIFT.• Review the contents with the source documents.• send a SWIFT by channels.• Advice the customer with a SWIFT copy.• Maintain LC folder. Show less