This business sector is used to open an L/C based on a request from the applicant (importer). Because the opening of an L/C represents an obligation on the part of the opening bank, it is necessary for the bank to have some direct connection to the applicant and to ensure that sufficient limits exist.

The MyModelbank contains several contracts at various stages of processing which provide examples of the contingent variations. The relevant transactions have then been processed in full to illustrate the methods of working with the application. The list of contracts and processed transactions can be found in the chapter 'Contracts and Transactions'. These examples have been written with the standard version of the appliaction. Due to the fact that customer-specific adjustments may have been carried out, real results can vary from those provided by the MyModelbank.

The different ways of working with the individual transactions are described in the user documentation of the application.