To create an Import Letter of Credit Issuance (ILC)

When creating a new Import Letter of Credit Issuance, information is entered on seven tabs.  Each tab is used to enter specific data.  Click the Main Tab, Shipment Tab, and Others Tab links below for a description of the fields on those tabs.  The fields on each tab are listed in the order associated with the Citibank Standard Template.  If you are using a custom input template, the field order may differ.  A red asterisk ( * ) indicates required fields.

  1. Click the Main Tab to enter transaction specific information.

  2. Click the Conditions Tab to enter the terms and conditions of the transaction.  In the Conditions field, enter the conditions of the transaction; or click the Library Look-Up button and select conditions text from the Clause Text Library.

  3. Click the Documents Tab to identify documents to include with the transaction.  In the Documents field, enter any documents; or click the Library Look-Up button and select document text from the Clause Text Library.

  4. Click the Shipment Tab to specify shipping information.

  5. Click the Details Tab to enter detail information.  Generally, this is purchase order or invoice information that you want to include with the transaction.  In the Details Layout field, click the Library Look-Up button and select a sub structure.  The columns included in the selected sub structure appear in the detail form at the bottom of the form.  Note:  If you have not defined sub structures in the Details Sub Structure Library, the columns in the Pre-Defined Standard Structure or Customer Defined Structure stored in the Details Structure Library appear in the detail form.

  1. Click the Goods Tab to enter the text that is to be included before and after the information in the details form.  In the Goods text before Details and Goods text after Details text boxes, enter the text you want to appear before and after the details.  If you want to select goods text from the Clause Text Library, click the Library Look-Up button and select clauses.  To review the information in the details form, click Show Details.  The Details Tab appears.

  2. Click the Others Tab to include additional information.

  3. Once all the necessary information is completed on all tabs, click Submit.  The Submit Dialog box appears.  To submit the transaction without adding any library information, click OK.  The transaction proceeds to the next step as defined by your Flow Control requirements.

–OR–

To submit the current transaction and save it as a Pre Format.  Select the Save as Preformat check box and enter a Preformat Code and Description in the appropriate fields.  Selecting this check box creates a new Preformat Library profile that can be retrieved in the future to create a new transaction.  You can also select the Add Counter Party to Trade Counter Party Library and/or the Add Bank Information to Trade Bank Library check boxes to add the counter party and trade bank information that you have entered into their respective libraries.  Once all selections have been made click OK.  The library profiles proceed to the next step as defined by your flow control requirements for each library and the transaction is subject to flow controls for transactions.

OR–

Click Save to save all the entered information, whether complete or not, and return to the Input/Modify Tab.  A saved transaction can be viewed from the Input/Modify Tab, and it carries an "Input" status.

Notes: