This transaction is used to settle due commissions under an Import L/C. It can either be started manually by the user after selecting an Import L/C or after processing the transaction “Automatic Commissioning for Import L/Cs” (LIBCOM), which can be started by the administrator.
The respective Import L/C contract is registered under the pending items after the commission to be settled has been determined.
If the LIBCOM transaction has already been processed, the selection date and the value date from LIBCOM are used for the reference date and the value date when settling commission.
An existing Import L/C contract which is not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
For more information see TRNDIA Diaries.
None
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.
Source in Transaction
Charges
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
Datafield | Description |
---|---|
Own Reference | cf Appendix A, Table LID 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 available under the letter of credit. cf Appendix A, Table CBB field AMT |
Revolving Flag | cf Appendix A, Table LID field REVFLG |
Authorized to Pay, Accept, Negotiate | This field indicates the bank authorized to pay, accept, negotiate or incur a deferred payment for the L/C. |
Available by | cf Appendix A, Table LID field AVBBY |
Red/Green Clause | cf Appendix A, Table LID field REDCLSFLG |
Opening Date | cf Appendix A, Table LID field OPNDAT |
Shipment Date | cf Appendix A, Table LID field SHPDAT |
Date of Expiry | cf Appendix A, Table LID field EXPDAT |
Place of Expiry | cf Appendix A, Table LID field EXPPLC |
Form of Documentary Credit | cf Appendix A, Table LID 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) | cf Appendix A, Table PTS field REF |
Reference date | This field contains the 'By' date by which commissions are to be settled by default. If the date is not changed, then today's date is used. |