en:app:030bsi:080li:0260litram

Request of Amendment

Transaction LITRAM

This transaction is used to register Detrimental Amendments for the beneficiary (e.g. shortening the maturity period, reducing of the amount) of the import L/C and to request the acknowledgment of the beneficiary.

For information about handling and presentation of amended fields, refer to Handling of Amendments.

Requirements

An existing Import L/C contract which is open and not closed.
The number of amendments must be less than 999.

Incoming Messages

Channel Description MT Description Comment
A DTA Import 707 Amendment to Documentary Credit
B Bolero 470 DocumentaryCreditAmendmentRequest
M SmartForms 707 Amendment to Documentary Credit
S SWIFT 772 LC Request for Amendment Index
T TradeConnect 707 Amendment to Documentary Credit


For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.

Transaction Control

Fees

None

Commissions

Results of this Transaction

This transaction creates an auto-registration for “Amending” the import L/C.

Diaries

For more information see TRNDIA Diaries.

Action Description Diary Follow-up Transaction Comment
Create Pending Request of Amendment Today + 3 Working Days Common Messages

Updating/Storing of Amounts (CBS)

Liability (LIA)

Not applicable.

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 SWIFT Score TCO DTA/DTE Bolero Comment
Amendment Selected Party LITADV1 707
Acknowledgment Applicant's Bank/ Applicant LITAPL1 730 773/707 707 DTALCR 707 489

Release

Signature required

Transaction Panels

Request of Amendment



Datafields

Datafield Description
Own Reference cf Appendix A, Table LID field OWNREF
Amendment Date If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 30 of the MT707.
This field specifies the date on which the relevant party considers the
contract to be amended.
Amendment Number Number of the current amendment to be used in external communication.
Originally set either from incoming message or from actual AMENBR of contract.
This field was used in outgoing amendment messages.
Number of Amendments cf Appendix A, Table LID field AMENBR
Currency cf Appendix A, Table CBB field CUR
Nominal Amount This field displays the old nominal amount available under the letter of credit.
cf Appendix A, Table CBB field AMT
Amount Tolerance - Positive cf Appendix A, Table LID field NOMTOP
Amount Tolerance - Negative cf Appendix A, Table LID field NOMTON
Currency cf Appendix A, Table CBB field CUR
Maximum Amount This field displays the old maximum amount available under the letter of credit.
cf Appendix A, Table CBB field AMT
Currency of Amended Amount If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 32B of the MT707.
Amended Amount If the L/C is request of amendment is sent via SWIFT, the information entered
here is available in Tag 32B (if the L/C amount is increased) or in Tag 33B (if
the L/C amount is decreased) of the MT707.
This field contains the amendment amount of the contract.
Currency This field contains the currency identified by the ISO code belonging to the
amount next to it.
Maximum Amendment Amount This field contains the maximum amended amount under the letter of credit.
It is calculated by adding the positive tolerance amount to the amended amount
of the L/C.
(If the positive tolerance is amended in this transactions, this entry is used
for calculation, otherwise the old percentage).
New Currency If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 34B of the MT707.
New Nominal L/C Amount If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 34B of the MT707.
This field contains the new nominal amount. This is calculated by
adding the amendment amount to the old nominal amount.
New Positive Tolerance If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 39A of the MT707.
This field specifies the new positive percentage tolerance for the documentary credit.
In order to calculate the new maximum amount, the positive tolerance amount is
added to the new nominal amount.
New Negative Tolerance If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 39A of the MT707.
This field specifies the new negative percentage tolerance for the documentary credit.
Currency Maximum Amount If the request of amendment is sent using SWIFT, the information entered here is
available in Tag 39B of the MT707.
This field contains the currency identified by the ISO code for the
amount next to it.
New Maximum L/C Amount If the request of amendment is sent using SWIFT, the information entered here is
available in Tag 39B of the MT707.


This field contains the new maximum amended amount under the letter of credit.
It is calculated by adding the new positive tolerance amount to the amended
amount of the L/C.
This field indicates the new maximum risk of the issuing bank under the L/C and
is also booked as liability.
Amount Specification If the L/C request of amendment is sent via SWIFT, the information entered here
is available in Tag 39B of the MT707.
This field further qualifies the documentary credit amount.
Date of Expiry cf Appendix A, Table LID field EXPDAT
New Expiry Date If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 31E of the MT707.
This field contains the new (amended) expiry date of the L/C.
Shipment Date cf Appendix A, Table LID field SHPDAT
New Shipment Date If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 44C of the MT707.
This field contains the new (amended) date of shipment.
Shipment Period If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 44D of the MT707.
This field specifies the new period of time during which the goods have to be
shipped in order for the documents to be L/C compliant.
Dispatch from If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 44A of the MT707.
This field specifies the new place of dispatch, or transfer of goods or
loading on board.
Air-/Port of Departure This field contains the port or airport of departure.
Air-/Port of Destination This field contains the port or airport of destination.
Final Destination If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 44B of the MT707.
This field specifies the new final destination of the goods shipped under
the L/C.
Additional Amount Covered If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 39C of the MT707.
This field specifies any amendments to the additional amount covered, such as
insurance, freight, interest etc.
Additional Amount Flag This flag controls the storage of an additional amount for a contract.
Unchecking this flag automatically eliminates existing additional amounts
when the transaction is saved.
To introduce additional amounts this flag first has to be checked.
Additional Amount This field holds the new additional amount if the amount has changed.
When the transaction is saved, additional amounts are adjusted to this amount.
Send Request of Amendment to All known contract parties are defaulted in this field and can be selected as
the receiver of the amendment message generated in this transaction.
Generate Amendment Message If checked, the current transaction generates an outgoing amendment message.
If an amendment message has been generated in an xxxRAM transaction, the corresponding
xxxAME transaction will no longer generate an outgoing amendment message.
In this case, when the transaction starts the field is not filled.


Request of Amendment



Datafields

Datafield Description
Purpose of Message This field specifies the purpose of the outgoing message as required for the outgoing SWIFT
MT707 message, such as the Issuance of an L/C Amendment in transaction LITAME or the advise
of a L/C Amendment in transaction LETAME.
Days of presentation period cf Appendix A, Table LID field PREPERS18
Presentation period text cf Appendix A, Table LID field PREPERTXTS18
Presentation Period cf Appendix A, Table LIT field PREPER


Overview



Datafields

Datafield Description
Form of Documentary Credit cf Appendix A, Table LID field LCRTYP
Direct rejection cf Appendix A, Table LID field REJFLG
Responsible User cf Appendix A, Table LID field OWNUSR
Reserved Contract cf Appendix A, Table LID field RESFLG
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.
Amount Tolerance - Positive cf Appendix A, Table LID field NOMTOP
Amount Tolerance - Negative cf Appendix A, Table LID field NOMTON
Type of Request cf Appendix A, Table LID field REQTYP
Amount Specification cf Appendix A, Table LID field NOMSPC
Currency cf Appendix A, Table CBB field CUR
Maximum L/C Amount This field contains the amximum amount available under the letter of credit.
cf Appendix A, Table CBB field AMT
L/C Issued on If the request of amendment is sent using SWIFT, the information entered here is
available in Tag 31C of the MT707.
cf Appendix A, Table LID field OPNDAT
Date Pre-advised cf Appendix A, Table LID field PREADVDT
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
Partial Shipment cf Appendix A, Table LID field SHPPAR
Partial Shipment cf Appendix A, Table LID field SHPPARS18
Transshipment cf Appendix A, Table LID field SHPTRS
Transhipment cf Appendix A, Table LID field SHPTRSS18
Applicable Rules cf Appendix A, Table LID field APPRUL
Other Applicable Rules cf Appendix A, Table LID field APPRULTXT
Confirmation Instructions cf Appendix A, Table LID field CNFDET
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
Your Order Dated cf Appendix A, Table LID field ORDDAT
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
Reimbursement Information cf Appendix A, Table LID field RMBFLG
Revolving Flag cf Appendix A, Table LID field REVFLG
Auto-Extension cf Appendix A, Table LID field AUTRNWFLG
Domestic L/C cf Appendix A, Table LID field DOMFLG
Assignment of Proceeds cf Appendix A, Table LID field AOPFLG
Specify Loan Term cf Appendix A, Table LID field SPFINFLG


Narrative



Datafields

Datafield Description
Historic Overview of Amendment Narratives cf Appendix A, Table LIT field NARHIS
Current Amendment If the request of amendment is sent via SWIFT, the information entered here is
available in Tag 79 of the MT707.


Details



Datafields

Datafield Description
Available with cf Appendix A, Table LID field AVBWTH
Available in cf Appendix A, Table LIT field AVBWTHTXT
Available by cf Appendix A, Table LID field AVBBY
Usance Payable at Sight/Usance cf Appendix A, Table LID field UPATYP
UPAU days cf Appendix A, Table LID field UPAUDS
Deferred Payment Details cf Appendix A, Table LIT field DEFDET
Drafts at cf Appendix A, Table LIT field DFTAT
External Key cf Appendix A, Table PTS field EXTKEY
Address Block cf Appendix A, Table PTS field ADRBLK
Shipment from cf Appendix A, Table LID field SHPFRO
Port of Loading cf Appendix A, Table LID field PORLOA
Port of Discharge cf Appendix A, Table LID field PORDIS
For Transportation to cf Appendix A, Table LID field SHPTO
Shipment Period cf Appendix A, Table LIT field SHPPER
Presentation Period cf Appendix A, Table LIT field PREPER
Presentation Period modified cf Appendix A, Table LIT field PREPERFLG
Days of presentation period cf Appendix A, Table LID field PREPERS18
Presentation period text cf Appendix A, Table LID field PREPERTXTS18
Additional Details for Charges cf Appendix A, Table LIT field FEETXT
Fee settlement - our fee to be debited to cf Appendix A, Table LID field CHATO
Country Code (Risk Country) cf Appendix A, Table LID field STACTY
Mixed Payment Details cf Appendix A, Table LIT field MIXDET


Auto-Extension



Datafields

Datafield Description
Count of Advised Subcontracts without Documents cf Appendix A, Table LID field ADVNBR
Notify Period cf Appendix A, Table LID field NOTNBR
Extension Period cf Appendix A, Table LID field RNWNBR
Final Expiry Date cf Appendix A, Table LID field EXPDATFIN
Notification Information cf Appendix A, Table LIT field NOTTXT


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
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


allNETT Fields



Datafields

Datafield Description
Incoterm Place cf Appendix A, Table LID field INCTRMPLC
Incoterm Freight cf Appendix A, Table LID field INCTRMFRT
Incoming allNETT Window ID 01W06 cf Appendix A, Table LIT field INC01W06
Incoming allNETT Window ID 01W07 cf Appendix A, Table LIT field INC01W07
Received Account Details cf Appendix A, Table LIT field INCACCDET


Goods



Datafields

Datafield Description
Description of Goods cf Appendix A, Table LIT field LCRGOD
Goods Code (for Statistics) cf Appendix A, Table LID field STAGOD


Goods (Amend.)



Datafields

Datafield Description
Description of Goods (History) cf Appendix A, Table LIT field LCRGODAME


Documents



Datafields

Datafield Description
Documents Required cf Appendix A, Table LIT field LCRDOC


Doc's (Amend.)



Datafields

Datafield Description
Documents Required (History) cf Appendix A, Table LIT field LCRDOCAME


Additional Conditions



Datafields

Datafield Description
Additional Conditions cf Appendix A, Table LIT field ADLCND
Special payment conditions for beneficiary exists cf Appendix A, Table LID field SPCBENFLG
Special Payment Conditions for specified Bank only cf Appendix A, Table LID field SPCRCBFLG
Red/Green Clause cf Appendix A, Table LID field REDCLSFLG
Red/Green Clause Currency cf Appendix A, Table LID field REDCLSCUR
Red/Green Clause Amount cf Appendix A, Table LID field REDCLSAMT
Red/Green Clause Percentage cf Appendix A, Table LID field REDCLSPRC
ALADI Checkbox cf Appendix A, Table LID field ALADIFLG
ALADI Reimb. Code cf Appendix A, Table LID field ALADICOD
Instructions to Paying/Accepting/Negotiating Bank cf Appendix A, Table LIT field INSBNK


Loan Details



Datafields

Datafield Description
Base Rate cf Appendix A, Table LID field IRTCOD
Cash Base cf Appendix A, Table LID field CSHRAT
Liquidity costs cf Appendix A, Table LID field LQDRAT
Financing Flat Fee cf Appendix A, Table LID field OWNRATFLG
Our margin cf Appendix A, Table LID field OWNRAT
Document Currency cf Appendix A, Table LID field OWNCUR
Fixed price for total maturity cf Appendix A, Table LID field OWNAMT
Total interest rate Sum of interest costs + liquidity costs + our margin
The total interest rate used to calculate the commission.
Financing Period cf Appendix A, Table LID field INTDAYLC


Add. Con. (Amend.)



Datafields

Datafield Description
Additional Conditions (History) cf Appendix A, Table LIT field ADLCNDAME


Special Paymt Cond. Beneficiary



Datafields

Datafield Description
Special Payment Conditions for Beneficiary cf Appendix A, Table LIT field SPCBEN


Spe. pay conditions Ben (Amend.)



Datafields

Datafield Description
Special payment Conditions for beneficiary (History) cf Appendix A, Table LIT field SPCBENAME


Special Paymt Cond. Bank only



Datafields

Datafield Description
Special Payment Conditions for Bank Only cf Appendix A, Table LIT field SPCRCB


Spe. Pay. Cond. Bank only(Amend)



Datafields

Datafield Description
Special Payment Conditions for Bank Only (History) cf Appendix A, Table LIT field SPCRCBAME


Revolving Details



Datafields

Datafield Description
Revolving Type cf Appendix A, Table LID field REVTYP
Credit is Marked as Cumulative cf Appendix A, Table LID field REVCUM
Revolving Times cf Appendix A, Table LID field REVTIMES
Number of Revolvings under L/C cf Appendix A, Table LID field REVNBR
Revolving Date cf Appendix A, Table LID field REVDAT
Awaiting Applicant's Request cf Appendix A, Table LID field REVAWAPL
Revolving Clause cf Appendix A, Table LIT field REVCLS
Notes to Applicant cf Appendix A, Table LIT field REVNOTES


Instr. to P, A, N. Bank (Amend)



Datafields

Datafield Description
Instructions to P/A/N (Amendment History) cf Appendix A, Table LIT field INSBNKAME


Reimbursement



Datafields

Datafield Description
Default Account cf Appendix A, Table PTS field DFTACT
Reimbursing Bank Account Identification cf Appendix A, Table LID field RMBACT
Reimbursing Bank's Charges cf Appendix A, Table LID field RMBCHA
Reimbursement Charges cf Appendix A, Table LIT field RMBCHA
Applicable Rules Reimbursement cf Appendix A, Table LID field APPRULRMB
Date of Authorization to Reimburse cf Appendix A, Table LID field AUTDAT


Transfer/ Back-to-Back L/Cs



Datafields

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.


Compliance




DTAG Fields




en/app/030bsi/080li/0260litram.txt · Last modified: 2024/02/29 13:04 (external edit)