Table of Contents
Reserving an Export L/C
Transaction LETRSV
This transaction can be used, in case an exporter is waiting for L/C and wants to find out, whether the the advising bank is willing to confirm the L/C. In this situation, neither the pre-advice nor the full text opening is in the hands of the bank. If yes, then either the transactions Pre-Advising / Notifying an Export L/C or Advising / Confirming should be selected.
It is also possible to use this transaction in order to reserve reference numbers.
If the checkbox “Reserved Contract” is checked, a reference number reservation is concerned. In case the checkbox is unchecked, a real contract is at hand. Detailed Information about this you find in “Reserving Single Reference Number”.
Requirements
This transaction creates a new Export L/C contract.
If an existing Export L/C contract is used, it may not be advised.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
Transaction Control
Fees
None
Commissions
Results of this Transaction
Diaries
For more information see TRNDIA Diaries.
None
Updating/Storing of Amounts (CBS)
Liability (LIA)
The liability is posted depending on the status of the confirmation and the checkbox “Reserved Contract”.
Outgoing Correspondence
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
Messages concerning Participations Sold (Syndications) will be created.
| Name of Message | Receiver | Message ID | SWIFT | TCO | DTA/DTE | Comment |
|---|---|---|---|---|---|---|
| Confirmation of Reservation | Beneficiary | LETBEN1 | ||||
| Advice of Reservation | Issuing Bank | LETISS1 | ||||
| Rejection Message | Issuing Bank | LETISS2 | Only when “Direct Rejection” has been checked. |
Release
Signature required
Transaction Panels
Overview
Additional Amount
Details
Auto-Extension
Parties
Goods
Documents
Add. Conditions
Special Paymt Cond. Beneficiary
Special Paymt Cond. Bank only
Further Bank Instructions
Revolving Details
Transfers and Back-to-Back L/C
Participation Sold
Liability
Settlement Details
Settlement
Bookings
Cash Cover
DTAEA Fields
DTALC Fields
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Fee Conditions
DTAG Fields
Overview
Datafields
| Datafield | Description |
|---|---|
| Own Reference | cf Appendix A, Table LED field OWNREF |
| Form of Documentary Credit | cf Appendix A, Table LED field LCRTYP |
| Direct rejection | cf Appendix A, Table LED field REJFLG |
| Responsible User | cf Appendix A, Table LED field OWNUSR |
| Reserved Contract | cf Appendix A, Table LED field RESFLG |
| Currency | cf Appendix A, Table CBB field CUR |
| Nominal L/C Amount | This field contains the nominal amount of the letter of credit cf Appendix A, Table CBB field AMT |
| Additional Amount | If this box is checked, additional amounts are available under the contract and an additional panel is available to enter details. |
| Amount Tolerance - Positive | cf Appendix A, Table LED field NOMTOP |
| Amount Tolerance - Negative | cf Appendix A, Table LED field NOMTON |
| Collateralized L/C | cf Appendix A, Table LED field COLLFLG |
| Amount Specification | cf Appendix A, Table LED field NOMSPC |
| Incoming Transfer | cf Appendix A, Table LED field INCTRF |
| Currency | cf Appendix A, Table CBB field CUR |
| Maximum L/C Amount | This field contains the amount which can be utilzed maximal under the letter of credit and is calculated by using the face amount of the letter of credit plus any positive tolerances. Utilzations are deducted from this amount. Any additional amounts are not taken into account. cf Appendix A, Table CBB field AMT |
| Opening Date | cf Appendix A, Table LED field OPNDAT |
| Date Pre-advised | cf Appendix A, Table LED field PREADVDT |
| Shipment Date | cf Appendix A, Table LED field SHPDAT |
| Date Released on | cf Appendix A, Table LED field ADVDAT |
| Date of Expiry | cf Appendix A, Table LED field EXPDAT |
| Maximum Tenor | cf Appendix A, Table LED field TENMAXDAY |
| Place of Expiry | cf Appendix A, Table LED field EXPPLC |
| Confirmation Instructions from Iss.Bank | cf Appendix A, Table LED field CNFDET |
| Confirmation Status / Confirmed by us | cf Appendix A, Table LED field CNFSTA |
| Confirmation Date | cf Appendix A, Table LED field CNFDAT |
| Currency | cf Appendix A, Table CBB field CUR |
| Amount | cf Appendix A, Table CBB field AMT |
| Partial Confirmation | cf Appendix A, Table LED field PARTCON |
| Applicable Rules | cf Appendix A, Table LED field APPRUL |
| Other Applicable Rules | cf Appendix A, Table LED field APPRULTXT |
| Partial Shipment | cf Appendix A, Table LED field SHPPAR |
| Partial Shipment | cf Appendix A, Table LED field SHPPARS18 |
| Transshipment | cf Appendix A, Table LED field SHPTRS |
| Transhipment | cf Appendix A, Table LED field SHPTRSS18 |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | The Beneficiary is the exporter of the good's. cf Appendix A, Table PTS field REF |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| Revolving Flag | cf Appendix A, Table LED field REVFLG |
| Non-Bank Issuer | cf Appendix A, Table LED field NONBAN |
| Assignment of Proceeds | cf Appendix A, Table LED field AOPFLG |
| Auto-Extension | cf Appendix A, Table LED field AUTRNWFLG |
| Domestic L/C | cf Appendix A, Table LED field DOMFLG |
Details
Datafields
| Datafield | Description |
|---|---|
| Available with | cf Appendix A, Table LED field AVBWTH |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Available in | cf Appendix A, Table LET field AVBWTHTXT |
| Available by | cf Appendix A, Table LED field AVBBY |
| Deferred Payment Details | cf Appendix A, Table LET field DEFDET |
| Drafts at | cf Appendix A, Table LET field DFTAT |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Shipment from | cf Appendix A, Table LED field SHPFRO |
| Port of Loading | cf Appendix A, Table LED field PORLOA |
| Port of Discharge | cf Appendix A, Table LED field PORDIS |
| For Transportation to | cf Appendix A, Table LED field SHPTO |
| Shipment Period | cf Appendix A, Table LET field SHPPER |
| Mixed Payment Details | cf Appendix A, Table LET field MIXDET |
| Presentation Period | cf Appendix A, Table LET field PREPER |
| Days of presentation period | cf Appendix A, Table LED field PREPERS18 |
| Presentation period text | cf Appendix A, Table LED field PREPERTXTS18 |
| Additional Details to Charges Condition | cf Appendix A, Table LET field FEETXT |
| Fee settlement - our fee to be debited to | cf Appendix A, Table LED field CHATO |
| Country Code (for Statistics) | cf Appendix A, Table LED field STACTY |
Auto-Extension
Datafields
| Datafield | Description |
|---|---|
| Count of Advised Subcontracts without Documents | cf Appendix A, Table LED field ADVNBR |
| Notify Period | cf Appendix A, Table LED field NOTNBR |
| Extension Period | cf Appendix A, Table LED field RNWNBR |
| Final Expiry Date | cf Appendix A, Table LED field EXPDATFIN |
| Notification Information | cf Appendix A, Table LET field NOTTXT |
Parties
Datafields
| Datafield | Description |
|---|---|
| Confirmation Status of 1st Advising Bank | cf Appendix A, Table LED field CNFSND |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| Confirmation Instructions to 2nd Advising Bank | cf Appendix A, Table LED field CNFINS |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Name | cf Appendix A, Table PTS field NAM |
| Send Directly to Applicant's Bank | cf Appendix A, Table LED field APLBNKDIRSND |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Address Block | cf Appendix A, Table PTS field ADRBLK |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
| External Key | cf Appendix A, Table PTS field EXTKEY |
| Name | cf Appendix A, Table PTS field NAM |
| Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Goods
Datafields
| Datafield | Description |
|---|---|
| Description of Goods | cf Appendix A, Table LET field LCRGOD |
| Goods Code (for Statistics) | cf Appendix A, Table LED field STAGOD |
Documents
Datafields
Add. Conditions
Datafields
| Datafield | Description |
|---|---|
| Additional Conditions | cf Appendix A, Table LET field ADLCND |
| Special payment conditions for beneficiary exists | cf Appendix A, Table LED field SPCBENFLG |
| Special Payment Conditions for specified Bank only | cf Appendix A, Table LED field SPCRCBFLG |
| Red/Green Clause | cf Appendix A, Table LED field REDCLSFLG |
| Red/Green Clause Currency | cf Appendix A, Table LED field REDCLSCUR |
| Red/Green Clause Amount | cf Appendix A, Table LED field REDCLSAMT |
| Red/Green Clause Percentage | cf Appendix A, Table LED field REDCLSPRC |
| ALADI Checkbox | cf Appendix A, Table LED field ALADIFLG |
| ALADI Reimb. Code | cf Appendix A, Table LED field ALADICOD |
| Instructions to Paying/Accepting/Negotiating Bank | cf Appendix A, Table LET field INSBNK |
Special Paymt Cond. Beneficiary
Datafields
| Datafield | Description |
|---|---|
| Special Payment Conditions for Beneficiary | cf Appendix A, Table LET field SPCBEN |
Special Paymt Cond. Bank only
Datafields
| Datafield | Description |
|---|---|
| Special Payment Conditions for Bank Only | cf Appendix A, Table LET field SPCRCB |
Further Bank Instructions
Datafields
Revolving Details
Datafields
| Datafield | Description |
|---|---|
| Revolving Type | cf Appendix A, Table LED field REVTYP |
| Credit is Marked as Cumulative | cf Appendix A, Table LED field REVCUM |
| Allowed Revolving Times | cf Appendix A, Table LED field REVTIMES |
| Number of Revolvings under L/C | cf Appendix A, Table LED field REVNBR |
| Revolving Date | cf Appendix A, Table LED field REVDAT |
| Revolving Clause | cf Appendix A, Table LET field REVCLS |
| Notes to Beneficiary | cf Appendix A, Table LET field REVNOTES |
Transfers and Back-to-Back L/C
Datafields
Compliance
DTAG Fields
