Download [December] [2011] Oracle Part Number E51535-01

Partial Confirmation Allowed
Check this box to confirm the partial amount. The remaining amount can be confirmed after you
receive the approval from the external agent.
Partial confirmation is allowed only for export LC.
Allow Prepay
Check this option to indicate that prepayment should be allowed for commissions that are marked
as ‘Arrears’.
Loan
Specify the loan details here.
This is allowed only for Shipping Guarantee product.
Collateral Funding by Loan
Check this box to indicate that the guarantee needs to be funded by a loan.
Loan Bridge GL
Specify the bridge GL used for accounting between loan product and shipping guarantee. The
adjoining option list displays a list of all GLs. Choose the appropriate one.
Loan Product
Specify the loan product used for the creation of loan account. The adjoining option list displays a
list of loan products. Choose the appropriate one.
Collateral Transfer Bridge
Specify the bridge GL used for collateral transfer from LC to shipping guarantee and shipping
guarantee to Bill. The adjoining option list displays a list of all GLs. Choose the appropriate one.
Status
Specify the following status details:
Auto Status Control
Check this box to set automatic status control for the LC product. If you do not check this box, the
system will not consider the LC contracts associated with this product for automatic status
change.
The status of this checkbox is defaulted to the field ‘Auto Status Change’ of every LC contract
associated with this product. However, you can modify this at the contract level.
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