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Advising Documents

Transaction BCTDAV

In this transaction, the collection is received from the remitting bank and data is recorded.

The bank needs to send an advice to the drawee informing of the presented documents and the upcoming due date. It should request the drawee to pay the funds on an account of the bank.

If the collecting bank (bank using the application) does not know the importer and a second collecting bank has been specified, the documents are forwarded to the second collecting bank and are not sent to the drawee.

We distinguish the following types of collections:

Documents against Payment (D/P): payment is due immediately (at sight)
Documents against Acceptance (D/A): Drawee is to accept an included draft and payment is due maturity of this draft
Documents against Deferred Payment (D/DP): Payment is due at maturity i.e. after a specified period
Documents against Mixed Payment (D/M): A part of the amount is due at sight and the other part is due at maturity
Clean Collection: The document(s) presented is a financial document (IOU) and payment is due at the due date of that document (as such collection is typically sent just before the due date, payment is normally due immediately)

There is also the possibility of releasing the goods in this transaction. If the goods are addressed to the bank using the application, these can be released immediately using this transaction (i.e. when the documents have been presented), without first having to open the “Release of Goods” (BCTROG) transaction. Depending on the “type of release”, either a release of goods or a bill of lading guarantee is send to the forwarder.

Requirements

An existing Import Collection contract which is not open and not closed.
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.

Action	Description	Diary	Follow-up Transaction	Comment
Replace	Accepted ?	Today + 5 Working Days	Common Messages	“Collection Condition”<> 'Clean Collection'
Replace	Payment/ Instructions received?	Maturity Date + 1 Working Day	Common Messages	“Collection Condition”= 'Clean Collection' and “Maturity Date” filled
Completed				Diaries, which were created in Release of Goods are set to done

Updating/Storing of Amounts (CBS)

Liability (LIA)

Liability posting depends on the “Draft to be Guaranteed” checkbox.

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.

Name of Message	Receiver	Message ID	SWIFT	TCO	Comment
Advice of Documents 1st mail	Drawer/2nd Collecting Bank	BCTDRE1		T40
Advice of Documents 2nd mail	Drawer/2nd Collecting Bank	BCTDRE2
Reply Letter of Undertaking	Drawer/2nd Collecting Bank	BCTDRE3
Reply Letter Payment Instr.	Drawer/2nd Collecting Bank	BCTDRE4			This message is created as letter only.
Acknowledgment of Collection	Drawer/Remitting Bank	BCTDRR1	410
Shipping Guarantee	Carrier	BCTROG1			If the “Release of Goods” field has been changed from 'Goods not released' to 'Release at request of customer' or 'Release at request of carrier', and the “Release Type” field is set to 'Release under shipping guarantee'
Release of Goods	Carrier	BCTROG2			If the “Release of Goods” field has been changed from 'Goods not released' to 'Release at request of customer' or 'Release at request of carrier', and the “Release Type” field is set to 'Release under AWB, CMR, FCR or B/L Endorsement'

Release

Signature required

Transaction Panels

Overview

Datafields

Datafield	Description
Own Reference	cf Appendix A, Table BCD field OWNREF
Responsible User	cf Appendix A, Table BCD field OWNUSR
Reserved Contract	cf Appendix A, Table BCD field RESFLG
Draft to be Guaranteed	cf Appendix A, Table BCD field DFTGARFLG
Currency	cf Appendix A, Table CBB field CUR
Collection Amount	cf Appendix A, Table CBB field AMT
Currency	cf Appendix A, Table CBB field CUR
Open Collection Amount	This field contains the amount which has not been settled. cf Appendix A, Table CBB field AMT
Direct rejection	cf Appendix A, Table BCD field REJFLG
Applicable Rule Checkbox	cf Appendix A, Table BCD field APPRULFLG
Date Documents Received	cf Appendix A, Table BCD field RCVDAT
Presentation Date	cf Appendix A, Table BCD field PREDAT
Date of Advice of Documents Received	cf Appendix A, Table BCD field ADVDAT
Send Original Documents to Drawee	cf Appendix A, Table BCD field ORIDRE
Collection Condition	cf Appendix A, Table BCD field DOCTYPCOD
Maturity Date	cf Appendix A, Table BCD field MATDAT
Number of Days/Months for Maturity Period	cf Appendix A, Table BCD field MATPERCNT
Days/Months or Years for Maturity Period	cf Appendix A, Table BCD field MATPERTYP
Start of Maturity Period (MATBEG)	cf Appendix A, Table BCD field MATPERBEG
Tenor Details	cf Appendix A, Table BCT field BCGDET
Tenor Details Modified	cf Appendix A, Table BCT field BCGDETFLG
Copies in 1st Mail	This field contains the number of documents in figures to be sent with the first mail. If documents are to be sent with one mail only, insert the total number of each document in this column.
Copies in 2nd Mail	This field contains the number of documents to be sent by second mail (if any)
Document Description	This field contains the kind of document to be mentioned in the document specification. Either select a document from the selection list or enter the document manually.
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
Address Block	cf Appendix A, Table PTS field ADRBLK
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Country Code (Risk Country)	cf Appendix A, Table BCD field STACTY

Instructions

Datafields

Datafield	Description
Collection Instructions	cf Appendix A, Table BCT field COLINS
Draft Instructions	cf Appendix A, Table BCT field DFTINS
Protest Instructions	cf Appendix A, Table BCT field PROINS
Other Instructions	cf Appendix A, Table BCT field OTHINS
ALADI Checkbox	cf Appendix A, Table BCD field ALADIFLG
ALADI Reimb. Code	cf Appendix A, Table BCD field ALADICOD
Fee settlement - our fee to be debited to	cf Appendix A, Table BCD field CHATO
Charges Text	cf Appendix A, Table BCT field CHGTXT
Free Of Payment	cf Appendix A, Table BCD field FOCFLG
Waive Collecting Bank Charges	cf Appendix A, Table BCD field WAICOLCOD
Waive Remitting Bank Charges	cf Appendix A, Table BCD field WAIRMTCOD
Defer Payment Until	cf Appendix A, Table BCD field OTHINS
Goods Code (for Statistics)	cf Appendix A, Table BCD field STAGOD

Outgoing TCO Inst. (T40)

Datafields

Datafield	Description
Free Text	cf Appendix A, Table BCT field BCTFRE
Interest Instructions	cf Appendix A, Table BCT field INTINS
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
Authority of Agent	cf Appendix A, Table BCT field AGTAUT
Date of Agent's Invoice	cf Appendix A, Table BCD field AGTDAT
Further Agent Information	cf Appendix A, Table BCT field AGTINF

Shipping Details

Datafields

Datafield	Description
Release of Goods	cf Appendix A, Table BCD field RELGODFLG
Release Type	cf Appendix A, Table BCD field RELTYP
Date of Release of Goods	cf Appendix A, Table BCD field RELGODDAT
Expiry Date of Shipping Guarantee	cf Appendix A, Table BCD field EXPDAT
Transport Document Type	cf Appendix A, Table BCD field TRPDOCTYP
Transport Document No.	cf Appendix A, Table BCD field TRPDOCNUM
Date of Transport Document	cf Appendix A, Table BCD field TRADAT
Mode of Transport	cf Appendix A, Table BCD field TRAMOD
Name of Vessel	cf Appendix A, Table BCT field VESSELNAM
Shipment from	cf Appendix A, Table BCD field SHPFRO
For Transportation to	cf Appendix A, Table BCD field SHPTO
Covered Goods	cf Appendix A, Table BCT field COVGOD
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
Release to Drawee Flag	cf Appendix A, Table BCD field RTODREFLG
Release to Address	cf Appendix A, Table BCT field RELADR

allNETT Fields

Datafields

Datafield	Description
Date of Transport Document	cf Appendix A, Table BCT field INC22032
Shipping route	cf Appendix A, Table BCT field INC22033

Parties

Datafields

Datafield	Description
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

Documentation - DOKA-NG (Functional availability is per selected plan)

Table of Contents

Advising Documents

Transaction BCTDAV

Requirements