NON Revolving Line Changes For BILLS Under LC
(Doc ID 2446978.1)
Last updated on FEBRUARY 01, 2021
Applies to:Oracle FLEXCUBE Universal Banking - Version 11.6 and later
Information in this document applies to any platform.
On booking BC under LC, system should release the utilization for the non-revolving credit line linked at LC, and perform the new utilization on BC side. Repayment of the bill amount to the facility should be happening for credit lines irrespective of it is revolving/non-revolving.
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