Jenith Kumar
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Articles
Recent activity by Jenith Kumar-
Advances - Overview
Advances : Business Sector (‘BP’) Introduction: 'Advances' are the source of financing provided by the banks to the companies, to meet their short-term requirements. Advances are a credit facili...
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Export Collections/ Cheque - Overview
Export Collection: Business Sector (‘BO’) Introduction: The Export Collections business sector is used to send documents received from a customer to a correspondent bank located abroad for collecti...
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Guarantee - Overview
Guarantee and Standby LC'S : Business Sector (‘GI’) Introduction: Demand Guarantees: When a demand is made to the Guarantor (and it is compliant with the terms of the Guarantee), the Guarantor is ...
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How to view Participation Info?
Transaction INFPAD is used to view the Participation details. After starting the transaction the “Selection” panel is displayed. After entering the search criteria like (parts of the) reference num...
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How to Change contract data in Participation?
Transaction PATCHG is used to amend contract fields without generating correspondence. It can only be called via the module Contract Maintenance (CONCHG). It is recommended to restrict the access...
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How to Attach an Incoming message in Participation?
Transaction PATATT can be used to attach an incoming message to a participation contract. It is used to attach incoming messages to a contract without further processing. Select it from the men...
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How to Re-open a Closed Participation?
Transaction PATROP is used to re-activate a previously closed participation. Select it from the menu item[Other Products -> Participation -> Other -> Re-Open] When you have made your changes...
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How to Close a Participation contract?
Transaction PATCAN is used to close a participation contract, if information is received, for example, indicating that the underlying L/C has expired. The closing date of the contract is set to tod...
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How to Send Common messages in Participation?
The common messages are allowed in the System to send the messages to the Contract Parties or to another freely selectable address. Transaction PATFRE is used to send common messages to the contr...
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How to Settle Charges in Participation ?
In Participation if we want to settle charges or fees outside the normal workflow. We have a dedicated transaction PATFEE Which is used to settle fees and charges independent of any other transacti...