View LC Details

Glossary

Using online help

This page allows you to view the Letter of Credit details for each Bank Code of the bank account. The category for which the Bank Limit of the LC will be validated can also be viewed.

The system displays the following fields:

Bank Reference

The number identifying the bank reference

Currency

The transaction currency of the bank account

Status

The status of the bank account.

Bank Account No.

The number identifying the bank account.

Bank Limit Validation

The category by which the bank limit for LC will be validated

The following fields are displayed in ‘LC Limit Details – Overall” multiline:

Bank Code

The code identifying the bank.

Bank Description

The description of the bank code.

Finance Book

The code identifying the finance book in which the bank code has been mapped.

Sanctioned Limit

The limit sanctioned by the bank for LC.

Limit On Hold

The limit held by the bank.

Drawable Limit

The total limit for which LC can be raised.

Outstanding Availed Limit

The amount for which LCs have been raised.

Effective Limit

The available limit for which LC can be raised

The system displays the following fields in ‘LC Limit Details – Category Specific” multiline:

Bank Code

The code identifying the bank.

Bank Description

The description of the bank code

Finance Book

The code identifying the finance book in which the bank code has been mapped.

Sanctioned Limit – Total

The total limit sanctioned by the bank for LC.

Limit On Hold – Total

The limit held by the bank.

Drawable Limit - Total

The total limit for which LC can be raised.

Outstanding Availed Limit – Total

The amount for which Total LC have been raised.

Effective Limit – Total

The available limit for which Total LC can be raised

Sanctioned Limit – Sight LC

The limit sanctioned by the bank for Sight LC.

Limit On Hold – Sight LC

The limit held by the bank for Sight LC.

Drawable Limit - Sight LC

The total limit for which LC can be raised for Sight LC.

Outstanding Availed Limit – Sight LC

The amount for which Sight LC have been raised.

Effective Limit – Sight LC

The available limit for which Sight LC can be raised.

Sanctioned Limit – Usance LC

The limit sanctioned by the bank for Usance LC.

Limit On Hold – Usance LC

The limit held by the bank for Usance LC.

Drawable Limit - Usance LC

The total limit for which LC can be raised for Usance LC

Outstanding Availed Limit – Usance LC

The total limit for which LC can be raised for Usance LC.

Effective Limit – Usance LC

The amount for which Usance LC have been raised.

The system displays the following fields in ‘LC Limit Details –Sight LC” multiline:

Bank Code

The code identifying the bank.

Bank Description

The description of the bank code

Finance Book

The code identifying the finance book in which the bank code has been mapped.

Sanctioned Limit – Total

The total limit sanctioned by the bank for LC.

Limit On Hold – Total

The limit held by the bank.

Drawable Limit - Total

The total limit for which LC can be raised.

Outstanding Availed Limit – Total

The amount for which Total LC have been raised.

Effective Limit – Total

The available limit for which Total LC can be raised

Sanctioned Limit – Sight LC

The limit sanctioned by the bank for Sight LC.

Limit On Hold – Sight LC

The limit held by the bank for Sight LC.

Drawable Limit - Sight LC

The total limit for which LC can be raised for Sight LC.

Outstanding Availed Limit – Sight LC

The amount for which Sight LC have been raised.

Effective Limit – Sight LC

The available limit for which Sight LC can be raised.

The system displays the following fields in ‘LC Limit Details – Usance LC” multiline:

Bank Code

The code identifying the bank.         

Bank Description

The description of the bank code

Finance Book

The code identifying the finance book in which the bank code has been mapped.

Sanctioned Limit – Total

The total limit sanctioned by the bank for LC

Limit On Hold – Total

The limit held by the bank.

Drawable Limit - Total

The total limit for which LC can be raised.

Outstanding Availed Limit – Total

The amount for which Total LC have been raised.

Effective Limit – Total

The available limit for which Total LC can be raised.

Sanctioned Limit – Usance LC

The limit sanctioned by the bank for Usance LC.

Limit On Hold – Usance LC

The limit held by the bank for Usance LC.

Drawable Limit - Usance LC

The total limit for which LC can be raised for Usance LC

Outstanding Availed Limit – Usance LC

The total limit for which LC can be raised for Usance LC.

Effective Limit – Usance LC

The amount for which Usance LC have been raised.