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⟩ How to implement Letters of credit full cycle starting from negotiation to receipt of payment from customer, its amendment and related issues under Oracle Apps order management modules?

There is sales contract between beneficary and applicant

and doesnt have an trust with him they want to open lc

favur of exporter the docus required to open lc

application ,proformo invoice or purchase order applicant

will approach the issuing bank. Issuing bank will open the

lc and send to advising bank which is called nominating bank

advising bank will send to exporter they will check as per

comply docus accordingly beneficary check the lc the given

condition is correct and i can able to fulfill the

condition exporter is satisfied make the shipment and send

the docus as per lc to advising bank advising bank will

send to issuing bank.Issuing bank will make the payment to

exporter.

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