Export LCs can be received in one of two ways:

• Banks which are registered with ELCY can send Export LCs directly through the system to a corporate’s Export Transaction List (ELCYmbp, Export, Export Transaction List).
• Other banks can send Export LCs directly to the corporate’s own Swift code. Any Swift MT700 series message type is allowed, including SCORE messages. These can appear in a Swift Inbox for the corporate to manually move to the Export Transaction List, or rules can be configured to move these automatically to the Export Transaction List, placing them into departments if required. Messages received which are not a transaction or an amendment (such as charges advice, non-extension notifications, advice of discrepancy) can be attached to the correct transaction as a sub message.

If the new Export LC has been sent by a bank directly to your workbench, you will receive an alert similar to the below.  Clicking on the Reference number will take you directly to the transaction.

If the new Export LC is in the Swift Inbox awaiting action, you will receive an alert like this one.

The system can be configured to automatically move Export LCs to the Workbench in all cases, or some. It can automatically place LCs into particular departments based on the product, applicant or beneficiary (or a combination of these).

Whether you click through to the Swift Message, or go via elcyMBP, Export Workbench, Swift Inbox, you can view the Swift message.

Click on the name of the sending bank to view the message, or on the word Move to start moving it to the Export Transaction List.

To move a message to the Export Transaction List, tick any relevant boxes (depending on message type) and click on Move. If your organisation has more than one Workbench to choose from, select the correct one.

For an MT700, MT710, MT760 or an amendment, the system should place all data in the correct system fields.  For other types of messages, you may need to manually input the information.  You will also need to manually add the correct Department (where used) and match it to a pre-advice if one exists. When you have reviewed all the information, click on Create and the Export LC will be moved to the Export Transaction List. If Client Transaction Properties are used, a pop up reminds you to complete these using the link on the left-hand side – Update Client Transaction Info.