Page 14 - Bonded-Warehouse-Automation

The following flowchart shows the Current Business Flow for import operation:

B2B L/C opened/Any sort of

import L/C

Doc received against B2B
L/C

Entry in Lodgment
Register

If B2B is Sight Payment then it is

made immediately creating a
Force Loan (SOD Exp) in the Retirement/Payment (Either

name of the Bonder. If B2B is Sight Payment or Deferred
Payment)
Deferred/Usance then Bank
informs the maturity date & on

maturity payment is affected.

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