hi , May i know the procedure or any setup to increase the limit amount of a Non Revolving limit reference when ever there is an excess of transaction amount compared with allocated Limit Amount so that i cannot get the excess override message when committing the transaction.
Here this functionality is to be applied for Trade finance module. Business : ======= 1. LC of Usance is created with Non Rev limit ref ,say 1M USD 2. DR is created of Acceptance-Type with Non rev limit ref , say 1M USD . When this settlement is done liability is hit and limit gets liquidated on the maturity date of Drawing . But once the 2nd step is done , locally we are raising LD contract with the same product limit reference . Since the limit is completely utilised by the above settlement of Drawing , we get an excess override message . To prevent this i wanted to know is there any procedure technically to increase the Limit amount by the amount which *LD *will be created. I Appreciate your reply, please. Cheers, SrinivasYadav. G -- Please read the posting guidelines at: http://groups.google.com/group/jBASE/web/Posting%20Guidelines IMPORTANT: Type T24: at the start of the subject line for questions specific to Globus/T24 To post, send email to [email protected] To unsubscribe, send email to [email protected] For more options, visit this group at http://groups.google.com/group/jBASE?hl=en
