This transaction is used to process the utilization of a bill of lading guarantee, a relatively rare event in practice.
It involves debiting the principal or applicant with an amount equal to the recorded settlement amount and crediting this amount to the freight carrier. The utilization can be for an amount up to the maximum of the posted exposure.
An existing Shipping Guarantee contract which is not closed.
There has to be an open guarantee aval amount (AVG).
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.
For more information see TRNDIA Diaries.
None
The amount entered as the settlement amount is reversed from the liability.
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 | SWIFT Score | TCO | DTA/DTE | Bolero | Comment |
---|---|---|---|---|---|---|---|---|
Claim | Applicant | SGTAPL1 | ||||||
Payment of the Claim | Freight carrier | SGTROG3 |
Signature required
Send and Settle
Liability
Settlement Details
Settlement
Bookings
Cash Cover
DTAEA Fields
DTALC Fields
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Overview
Parties
Fee Conditions
DTAG Fields
Datafield | Description |
---|---|
Reference | cf Appendix A, Table SGD field OWNREF |
Own Reference | cf Appendix A, Table LID field OWNREF |
Own Reference | This field contains the reference number of the subcontract created for the respective set of documents presented under the letter of credit. cf Appendix A, Table BRD field OWNREF |
Currency | cf Appendix A, Table CBB field CUR |
Maximum Amount | cf Appendix A, Table CBB field AMT |
Currency | cf Appendix A, Table CBB field CUR |
Open Amount | cf Appendix A, Table CBB field AMT |
Opening Date | cf Appendix A, Table SGD field OPNDAT |
Expiry Date | cf Appendix A, Table SGD field EXPDAT |
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 |
Date of Receipt | cf Appendix A, Table SGD field RCVDAT |
Document Amount to be settled | The document is reduced by the reduction amount. |
Instructions Received from Applicant | cf Appendix A, Table SGT field APLINS |
Close Contract | Checking this box closes the current contract. |
Datafield | Description |
---|---|
Responsible User | cf Appendix A, Table SGD field OWNUSR |
Order Date | cf Appendix A, Table SGD field ORDDAT |
Release of Goods | cf Appendix A, Table SGD field RELGODFLG |
Transport Document Type | cf Appendix A, Table SGD field TRPDOCTYP |
Transport Document Number | cf Appendix A, Table SGD field TRPDOCNUM |
Date of Transport Document | cf Appendix A, Table SGD field TRADAT |
Mode of Transport | cf Appendix A, Table SGD field TRAMOD |
Name of Vessel | cf Appendix A, Table SGT field VESSELNAM |
Shipment from | cf Appendix A, Table SGD field SHPFRO |
For Transportation to | cf Appendix A, Table SGD field SHPTO |
Reserved Contract | cf Appendix A, Table SGD field RESFLG |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
External Key | cf Appendix A, Table PTS field EXTKEY |
Address Block | cf Appendix A, Table PTS field ADRBLK |
Covered Goods | cf Appendix A, Table SGT field COVGOD |
Datafield | Description |
---|---|
Release to Applicant | cf Appendix A, Table SGD field RTODREFLG |
Release to Address | cf Appendix A, Table SGT field RELADR |