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SWIFT MT707 - 31C Field Has A Issue For Export LC (Doc ID 2883827.1)

Last updated on JULY 26, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.3 to
Information in this document applies to any platform.


On : 12.3 version, Production Support-SET

SWIFT MT707 - 31C field has a issue for Export LC

we have booked the export LC with ATB bank for a current system date and input the back value date in ” DATED” field in the PARTIES Tab for the party ISB.
During the Creation of LC, MT710 is generated with proper 31C has been picked up the date from ” DATED” field of party ISB in parties tab.
But during the amendment,MT707 is having the 31C field as SYSTEM date .Actually it should pick up the date from ” DATED” field from the PARTIES Tab for the party ISB.

The issue can be reproduced at will with the following steps:
1. Input a Export LC with ATB with Issue Date / Effective Date as System Date
2. In parties Tab for party type ISB , in the DATED field specify a Back Date
4. The Accounting is posted with the System date
5. SWIFT MT710 field 31C has the date of back value date in ISB patries tab.
6. Do the amendment & authorize it.
7. MT707 31C has a issue.


 Changes provided in the unit to ensure system will populate field 31c with ISB party date in MT707


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