Manikandan Narayanan
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Articles
Recent activity by Manikandan Narayanan-
How to attach files/documents to a existing contract?
In Doka SaaS, there is a possibility for the user to attach the files/documents to the existing transaction for future record tracking purpose. For instance in export L/C when the documents are pre...
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Earmarking in Limit System
The application provides a limit control system which allows limits to be defined and maintained for specific parties. The Liability Concept basically defines whether a business sector is linked to...
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Loans Overview
Introduction Trade loans are an important and well-established trade finance technique – enabling finance to be provided until payment for goods is received. Benefits: Finance regular or one-off...
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Import Collection/Cheque in Doka-SaaS
Documentary Collections INTRODUCTION: Documentary Collection or “Collection Against Bills’ is a method of payment used in international trade whereby the Exporter entrusts the handling of commercia...
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Reimbursement - Overview
Reimbursement Business Sector (‘RM’) Introduction: In an LC transaction, the Issuing Bank may nominate a Reimbursing Bank allowing the Negotiating Bank to collect the money from the reimbursing Ban...
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Export Transfer L/C Business Sector in Doka-SaaS
Export L/C Transfer Business Sector (‘LT’) Introduction: A Transferable Letter of Credit (LC) is a documentary credit under which the Beneficiary (first Beneficiary) may request the bank specifi...
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Export L/C Business Sector in Doka-SaaS
Export L/C Business Sector (‘LE’) Introduction: Export Letters of Credit are the most common trade finance method used to finance exports. They are versatile, secure and can be used for almost a...
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Import L/C Business Sector - Overview
Import L/C Business Sector (‘LI’) Introduction: An 'Import Letter of Credit' is a financial instrument issued by a bank that represents the commitment of the bank, on behalf of an importer that ...
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Financing and the types of Loans available in the System
“Loans” supports financing related to an underlying asset. This can be set up stand alone, or can be initiated from a letter of credit or document sets under L/C or collections. A loan is granted ...
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Irrevocable Reimbursement Undertaking(IRU) - RMTOPN
"Reimbursement undertaking" means a separate irrevocable undertaking of the reimbursing bank, issued upon the authorization or request of the issuing bank, to the claiming bank named in the reimbur...