Detrimental amendments in connection with Transfer LC When an existing Export L/C is linked
to a Transfer L/C, the amendment of the master L/C may lead to an amendment of the transfer L/C. This is supported in the application by the following:
Transaction LTTRAM - This transaction is used to request approval from the second beneficiary for any kind of amendment of made in a Transfer L/C.
> When linked to a Transfer L/C, upon saving of the transaction LETRAM an auto-registration is` automatically stored for the transaction LTTRAM if the triggering transaction under the export L/C was also a detrimental amendment (i.e. LETRAM).
> If the triggering transaction under the Export L/C was an amendment (LETAME), then an auto-registration is stored for the transaction LTTAME.
Criteria to do Request for Amendment transaction- An existing Transfer contract which is open and not closed.
When you have made your changes, click on the ( ) Save function to save all the the data entered in the transaction to the database.