Manikandan Narayanan
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Recent activity by Manikandan Narayanan-
SWIFT Message Type MT700 File Layout – Issue of a Documentary Credit
This message is sent by the issuing bank to the advising bank to issue a Documentary Credit (Letter of Credit – LC).It establishes the terms and conditions under which the seller (beneficiary) will...
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SWIFT Payment Message - pacs.009.001.08 File Layout
pacs.009.001.08The pacs.009 is the ISO 20022 message for Financial Institution Credit Transfer. It is used when one financial institution sends funds to another often for liquidity transfer, settle...
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SWIFT Payment Message - pacs.008.001.08 File Layout
The pacs.008.001.08 is one of the most crucial ISO 20022 payment message representing a Financial Institution to Financial Institution Customer Credit Transfer.In simple terms, this message is the ...
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Automatic Closing of Export LC Contracts - LEBCAN
This LEBCAN transaction automatically creates a list of all Export L/C contracts that can be closed. The contract needs to fulfill certain criteria to be listed.Contracts to be closed need to be hi...
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Common Messages - EFTFRE
This transaction is used to send common messages to the contract party/contract parties or to another address, which can be entered freely.Messages of type 'Free correspondence', 'Query' and 'Reply...
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Account Interest Closure - EFTMAT
This transaction is used to book accrued interest income to the bank's profit and loss account. Only interest on current or past maturities is shown in the grid.The interest income of the Agent Ban...
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Request of Repayment - EFTTOP
This transaction is used to notify borrowers and, if applicable, exporters of an impending maturity. If the dossier contains sub-participants, then all sub-participants will be notified of the paym...
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Participant Payment - EFTPIN
This Payment transaction is used to register the money receipts of the sub-participants in the system and generate the relevant booking entries. The requested amount per sub-participant is compared...
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Export Finance - General Information
A repayment plan is a numerical representation of the repayment process for a financing debt to be repaid in installments. The repayment plan consists of the Header containing the calculation para...
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Export Finance - Accounts
The account model in the export finance defines the accounts and the resulting bookings in the single processing steps/ business transactions. Account typesThe used account types areAdvance Account...