To carry out amendments to the conditions of an existing payment undertaking,
PUTAME transaction is used.
An amendment number is assigned every time an amendment is stored under the contract.
The Amendment panel comprises of undertaking amount and expiry date, other fields can be updated on the existing panels. Any changes made during this transaction automatically update the corresponding field in the contract.
An advice is sent to the buyer acknowledging the instructions sent by him along with the details of amendment. An advice is also sent to the seller's side notifying him of the amendment and the corresponding changes to the undertaking. Details of the amended undertaking including the old and new values of the terms and conditions (if changed) are sent to the buyer and seller's side.
Select it from the menu item[Blockchain Products -> Payment Undertaking-> Main ->Open].