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Liability Adjustment

Transaction BETTEN

This transaction is used to make internal adjustments on the Liability panel. Amounts can be transferred from one account to another permissible account, for example. If maturities are posted under the contract, the date of maturity can also be adjusted here.

The “Booking Amount” field amends the liability amount without running an amendment transaction. Entering a negative amount reduces the liability; a positive amount increases the current liability. As a rule, the “Booking Amount” field is used to derecognize residual, unused amounts.

The contract amount is not changed by these internal transfers.

For Usance/Acceptance LC's, if there is a request to extend the maturity of the LC and if this Liability Adjustment transaction was created from an auto-registration of Common Messages, the Maturity Date of the Usance contract could be changed in the “Liability” panel.

Requirements

An existing Export L/C Document Set contract which is 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.

None

Updating/Storing of Amounts (CBS)

Liability (LIA)

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	DTA/DTE	Bolero	Comment
MT752 Authorisation	2nd Advising Bank	BETA2B1	752				If checkbox “Create MT 752” is checked.
Amendment of Maturity	Presenting Party	BETPRB1		775*	775

* The TradeConnect message can be created in DTA format alternatively, if activated.

Release

Signature required

Transaction Panels

Overview

Datafields

Datafield	Description
Own Reference	cf Appendix A, Table BED field OWNREF
Own Reference	cf Appendix A, Table LED 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
Document Type	cf Appendix A, Table BED field DOCTYPCOD
Maturity Date	cf Appendix A, Table BED field MATDAT
Date of Receipt of Documents	cf Appendix A, Table BED field RCVDAT
Presentation Date	cf Appendix A, Table BED field PREDAT
Document Set Status	cf Appendix A, Table BED field DOCSTA
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
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
Date of Discrepancy Advice	cf Appendix A, Table BED field DISDAT

Compliance

Overview

Advice of Discrepancy

Datafields

Datafield	Description
Currency	cf Appendix A, Table CBB field CUR
Additional Amount	cf Appendix A, Table CBB field AMT
Charges Deducted	cf Appendix A, Table BET field CHADED
Charges Added	cf Appendix A, Table BET field CHAADD
Currency of Total Amount to be Paid	cf Appendix A, Table BED field TOTCUR
Total Amount to be Paid	cf Appendix A, Table BED field TOTAMT
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
Discrepancies	cf Appendix A, Table BET field DOCDIS
Discrepancies Modified	cf Appendix A, Table BET field DOCDISFLG

Advice of Payment

Datafields

Datafield	Description
Date to be Paid	cf Appendix A, Table BED field TOTDAT
Narrative (TAG 77A of Incoming MT754)	cf Appendix A, Table BET field NARTXT77A
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

Advice Details

Datafields

Datafield	Description
Maturity Period	cf Appendix A, Table BET field MATPER

allNETT Fields

Datafields

Datafield	Description
Negotiation Reference	cf Appendix A, Table BED field ANTNEGREF

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

Table of Contents

Liability Adjustment

Transaction BETTEN

Requirements