This transaction is used to advise the beneficiary of the Export L/C of the next utilization.
An existing Export L/C contract which is open and not closed.
The contract must be marked as revolving and the maximum number of permitted revolvings must not have been reached\'.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
None
For more information see TRNDIA Diaries.
None
The liability is posted to the next utilization period. If the L/C is cumulative, amounts not used (including tolerance) from a previous utilization are transferred. If the L/C is not cumulative, an unused amount from a previous utilization is no longer taken into account.
Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.
Name of Message | Receiver | Message ID | SWIFT | TCO | DTA/DTE | Comment |
---|---|---|---|---|---|---|
Acknowledgment | Advising Bank/ Issuing Bank | LETISS1 | 730 | |||
Revolving Notice | Beneficiary | LETBEN1 |
Source in Transaction
Revolving L/C
Liability
Settlement Details
Settlement
Bookings
Cash Cover
DTAEA Fields
DTALC Fields
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Fee Conditions
DTAG Fields
Datafield | Description |
---|---|
Own Reference | cf Appendix A, Table LED field OWNREF |
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. |
Currency | cf Appendix A, Table CBB field CUR |
Open Amount | This field contains the amount which is still available under the letter of credit. cf Appendix A, Table CBB field AMT |
Revolving Flag | cf Appendix A, Table LED field REVFLG |
Available by | cf Appendix A, Table LED field AVBBY |
Red/Green Clause | cf Appendix A, Table LED field REDCLSFLG |
Opening Date | cf Appendix A, Table LED field OPNDAT |
Shipment Date | cf Appendix A, Table LED field SHPDAT |
Date of Expiry | cf Appendix A, Table LED field EXPDAT |
Place of Expiry | cf Appendix A, Table LED field EXPPLC |
Form of Documentary Credit | cf Appendix A, Table LED field LCRTYP |
Name | cf Appendix A, Table PTS field NAM |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Name | cf Appendix A, Table PTS field NAM |
Reference for Address (Optional) | cf Appendix A, Table PTS field REF |
Name | cf Appendix A, Table PTS field NAM |
Reference for Address (Optional) | The Beneficiary is the exporter of the good's. cf Appendix A, Table PTS field REF |
Confirmation text | This field contains a short description concerning the type of the letter of credit. |
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 |