Transactive Trade - Standby Letters of Credit – ANZ Digital Services Help

Geography: This article is applicable for ANZ Transactive - Global customers banking in all ANZ geographies.
Full details are available in Features by Geography.

Standby Letters of Credit Overview

ANZ Transactive Trade allows you to initiate and manage your Standby Letters of Credit (SBLC) portfolio online. You can create, amend, and authorise transactions within the application based on your user entitlements. You can also create and maintain reference data, view and download reports; customise company-specific reports; and initiate, view and respond to mail messages.

What is a Standby Letter of Credit?

Standby Letters of Credit offer a secure payment of a stated sum of money to a named party (usually the Beneficiary) in the event of non-performance or default by a party in the relationship. ANZ will make payment on presentation of a written demand for payment by the Beneficiary. Standby Letters of Credit substitute cash deposits with counterparties, freeing up working capital and potentially securing better contract terms.

Standby Letters of Credit transaction types

Transaction types that can be associated with a Standby Letters of Credit instrument are as follows:

TRANSACTION TYPE	DESCRIPTION
Adjustment	Collection or refund of fees, charges or other miscellaneous amounts.
Advise	An Incoming Standby LC.
Amend	An amendment to the Instrument.
Commission in Arrears	Periodic commission/fees collected at maturity.
Commission in Advance	Periodic commission/fees collected upfront.
Deactivate	Cross-border Standby LCs are deemed inactive five days after the expiry date and one day for Domestic Standby LCs.
Expire	The Instrument has expired as of the expiry date.
Extend	An extension to the Outgoing Standby LC.
Issue	An Outgoing Standby LC instruction.
Payment	Standby LC payment or closure.

Context Panel menu

Context Panel menu presented on the right of the transaction screen will be visible to the user based on the Transaction Type, Workflow Status and the User's Entitlements. See the example below:

The Context Panel buttons displayed will depend on the Standby Letter of Credit transaction screen you are accessing, the workflow status and your user entitlements.

BUTTON	DESCRIPTION
Amendment Application	Click to download the amendment data into PDF from the Amendment screen in a Ready to Authorise status. See sample advice in Standby Letters of Credit FAQs.
Attach Document	Click to attach supporting documents to the transaction in DOCX, PDF and XLSX.
Authorise	Click to Authorise the transaction. Transactions may require multiple Authorisation based on your Organisation's signing mandate.
Close	Click to close out of the transaction.
Copy Instrument	Click to create a copy of the existing Instrument.
Download Saved Data	Click to download the transaction data into CSV. See sample advice in Standby Letters of Credit FAQs.
Edit	Click to edit the details of a transaction before the transaction is authorised.
Standby Application Form	Click to download the transaction data into PDF. See sample advice in Standby Letters of Credit FAQs.
Route Transaction	Click to route transaction to another user in the Organisation or Subsidiary company.
Save	Click to save entered data in transactions periodically.
Save & Close	Click to save entered data and close out of the transaction.
Send for Repair	Click to send the transaction in a Ready to Check, Ready to Authorise or Partially Authorised status to the user(s) in your Organisation to Repair and update the required details.
Verify Data	Click to verify the data in the transaction details fields. The system will return any errors or warnings for missing or inconsistent information. The transaction will progress to a Ready to Authorise stage when successful.
View Terms As Entered	Click to view the data as entered upon creating and authorising the transaction, with a Processed by Bank status.

Issue a Standby Letter of Credit

The standard workflow process to create a new Standby Letter of Credit is as follows:

Outgoing Standby LC (Detailed) screen

The Outward Standby LC (Detailed) screen provides the mandatory and additional input fields required to submit a detailed Standby Letter of Credit request.

1. Terms

FIELD NAMES	IMAGE
Beneficiary Beneficiary Name up to 35 characters Address Line 1, up to 35 characters Address Line 2, up to 35 characters City, up to 23 characters Province/State, up to 8 characters Postal Code, up to 8 characters Country or Region Phone Number, up to 20 characters
Applicant Applicant - default with Organisation name and address Applicant's Reference Number, up to 30 characters
Detailed Information Type of LC (Advance Payment, Maintenance, Other, Performance, Retention, Tender/Bid) Currency Amount Expiry Place
Issuing Instructions Local Issuance Required? Validity Date of Local Issuer Bank (if known) Name - Enter Name or select from the drop-down list Address Line 1, up to 35 characters Address Line 2, up to 35 characters City, up to 23 characters Province/State, up to 8 characters Postal Code, up to 8 characters Country or Region Phone Number, up to 20 characters
Confirmation Correspondent Bank is not required to add confirmation Correspondent Bank is to add its confirmation Correspondent Bank may add its confirmation subject to Beneficiary's approval
Validity Date From: Date of Issue or Other Date Valid To: End Date, No Expiry/Open Ended or Expected Expiry Other Expiry conditions
Delivery Instructions Deliver To: Beneficiary or Other Business Name, up to 35 characters Address Line 1, up to 35 characters Address Line 2, up to 35 characters Address Line 3, up to 35 characters Address Line 4, up to 35 characters Address Line 5, up to 35 characters Delivery By: Collection, Courier, Mail, Messenger, Other, Registered Mail/Airmail
Advising Bank Details Name up to 35 characters Address Line 1, up to 35 characters Address Line 2, up to 35 characters City, up to 23 characters Province/State, up to 8 characters Postal Code, up to 8 characters Country or Region Swift Address
Governing Law/Demand Details Demand Type Governing Law Details
Details of Tender / Order / Contract Details of Tender / Order / Contract Text Phrase Details of Tender / Order / Contract Text

2. Auto Extend Terms/ICC Rules

FIELD NAMES

IMAGE

Auto Extension Terms

Auto Extension
Final Expiry Date
Maximum Number
Extension Period
Number of Days
Notify Beneficiary Days

ICC Rules

ICC Applicable Rules
Version
Details

3. Standby LC Terms and Conditions

FIELD NAMES	IMAGE
Customer Text Customer Text Phrase Customer Text
Bank Text Bank Standard Wording Text Phrase Standard Wording Language Bank Standard Wording Text
Underlying Transaction Details Underlying Transaction Details Text

4. Document and Presentation Instructions

FIELD NAMES

IMAGE

Document and Presentation Instructions

Document and Presentation Instructions Text Phrase
Document and Presentation Text

Enter any Document and Presentation instructions (for example, form and place of presentation)

5. Instructions to Bank

FIELD NAMES	IMAGE
Instructions to Bank Issue instrument in (language) Additional Instructions Text Phrase Additional Instructions Text
Settlement Instructions Debit: Our Account Number Branch Code Debit: Foreign Currency Account Number Currency of Account
Commissions and Charges Debit: Our Account Number Debit: Foreign Currency Account Number Currency of Account
Additional Instructions Additional Instructions Text Phrase Additional Instructions Text

6. Internal Instructions

FIELD NAMES

IMAGE

Internal Instructions

Internal Instructions Text

Instructions entered here are for internal purposes only and will not be sent to the Bank.

Issue an Outgoing Standby LC (Detailed)

There are multiple ways to create a new Outgoing Standby LC (Detailed). Please choose from one of the following methods:

Method 1: Click New Instrument from the Application Banner menu, then Outgoing Standby LC (Detailed)
Method 2: Click New Instrument from the Application Banner menu, then Choose Template
Method 3: Click New Instrument from the Application Banner menu, then Copy From Existing
Method 4: Open a previous Outgoing Standby LC, then click Copy Instrument
Method 5: Click Transactions from the Application Banner menu, then Pending Transactions or History. Choose an Outgoing Standby LC from the grid, then click Copy Selected.

For more information, please refer to How to create an instrument.

1. Terms

STEP	ACTION
1	Enter the Beneficiary details There are multiple ways to add Beneficiary details. Please choose from one of the following methods: Method 1: Manually enter the Beneficiary Name, Address, Country Method 2: Choose a Beneficiary Name from the drop-down list Method 3: Click the search icon to choose a Beneficiary from your Address Book
2	If required, enter your Applicant Reference Number. This reference will appear on your reporting and account statements.
3	Choose the Type of LC: Advance Payment Maintenance Other Performance Retention Tender/Bid
4	Choose the Currency and enter an Amount
5	Choose the Expiry Place: At Confirmation Bank Counters At Our Counters Country of Beneficiary (default option) Country of Seller Other If "Other" is selected, enter details in Other Conditions
6	If required, select Local Issuance Required If this Instrument is to be reissued by another bank per the Beneficiary's request, select this tickbox and complete associated Local Issuer Bank Details. If selected, provide the Local Issuer Bank details, including a Validity Date of the Local Issuer Bank (if known). There are multiple ways to add Local Issuer Bank details. Please choose from one of the following methods: Method 1: Manually enter the Local Issuer Bank Name, Address, Country Method 2: Choose a Local Issuer Bank Name from the drop-down list Method 3: Click the search icon to choose a Local Issuer Bank from your Address Book
7	Choose the Confirmation clause: Correspondent Bank is not required to add confirmation Correspondent Bank is to add its confirmation Correspondent Bank may add its confirmation subject to Beneficiary's approval
8	Choose Valid From and Valid To date Select No Expiry/Open Ended if the requested Instrument contains no stipulated expiry date or expiry event. Select Expected Expiry if Instrument contains no stipulated expiry date but includes an expiry event, then enter the Other Expiry Conditions, e.g. 'this Standby Letter of Credit expires upon presentation to ANZ of a Certificate of Completion issued and signed by the beneficiary'.
9	Enter Delivery To instructions Select Deliver To Other if ANZ is required to deliver the completed Instrument to the applicant. Type 'Applicant' in the Business Name & Address Line 1 fields.
10	Choose Delivery By instructions: Collection Courier Mail Messenger Other Registered Mail/Airmail
11	If required, enter Advising Bank Details. Enter Advising Bank details only if the Beneficiary requests the ANZ Bank Standby Letter of Credit instrument to be advised strictly through a nominated bank. There are multiple ways to add Advising Bank details. Please choose from one of the following methods: Method 1: Manually enter the Advising Bank Name, Address and SWIFT Code Method 2: Choose an Advising Bank Name from the drop-down list Method 3: Click the search icon to choose an Advising Bank Name from your Address Book
12	If required, enter Governing Law/Demand Details Enter details to convey additional Instrument attributes not contained or not in conflict in Section 3 – Standby LC Terms and Conditions text. Demand Type: Multiple and Partial Demands are not permitted Multiple Demands are not permitted Partial Demands are not permitted
13	If required, enter Details of Tender /Order/Contract

2. Auto Extend Terms/ICC Rules

STEP	ACTION
1	If required, select the Auto Extension checkbox to extend the Standby Letter of Credit automatically. Enter Auto Extension details if the Instrument is periodically renewable, as per the Terms and Conditions of the Instrument.
2	Choose Final Expiry Date or enter the Maximum Number of times to extend the Standby Letter of Credit automatically.
3	Choose the Extension Period: Annually Daily (enter Number of Days) Monthly Quarterly Semi-Annually
4	Enter Notify Beneficiary Days
5	Click the checkbox to apply ICC Applicable Rules
6	Choose the applicable Version: eUCP Latest Version eUCPURR Latest Version ISP Latest Version ISPR-760 Standby Other (enter Details) UCP Latest Version UCPURR Latest Version

3. Standby LC Terms and Conditions

STEP	ACTION
1	Enter either Customer Text or Bank Standard Wording in the text box. Please enter text in one of the text fields. Please choose from one of the following methods: Method 1: Manually enter text (not available for Bank Standard Wording) Method 2: If available, Apply a Phrase
2	If required, choose the Standard Wording Language
3	If required, enter Underlying Transaction Details Enter details if you have nominated for the Standby Letter of Credit instrument to be reissued by a "Local Issuer Bank" (See Section 1. Terms > Local Issuance Required). This detail is required to align with SWIFT messaging standards. Please specify the underlying business transaction details for which the issued undertaking.

4. Document and Presentation Instructions

STEP	ACTION
1	If required, enter any Document and Presentation instructions, e.g. documents required or place of presentation. Please choose from one of the following methods: Method 1: Manually enter text Method 2: If available, Apply a Phrase

5. Instructions to Bank

STEP	ACTION
1	If required, choose to Issue instrument in: English (default) French
2	If required, enter any Additional Instructions to ANZ. Please choose from one of the following methods: Method 1: Manually enter text Method 2: If available, Apply a Phrase
3	If required, enter Settlement Instructions upfront: Debit: Our Account Number Branch Code Debit: Foreign Currency Account Currency of Account
4	If required, enter Commission and Charges instructions upfront: Debit: Our Account Number Debit: Foreign Currency Account Number Currency of Account
5	If required, enter any Additional Instructions for settlement or commission and charges to ANZ. Please choose from one of the following methods: Method 1: Manually enter text Method 2: If available, Apply a Phrase

6. Internal Instructions

STEP	ACTION
1	If required, enter Internal Instructions Instructions entered here are for internal purposes only and will not be sent to the Bank.

Attach Documents to an Outgoing Standby Letter of Credit

Eligible users can attach supporting documentation to the transaction, such as the format and text to be issued. The documents are sent to ANZ electronically in DOCX, PDF and XLSX, from within the transaction screen.

The maximum document file size cannot exceed 5mb per file, with a maximum of 20 files per transaction. The File Name must be less than 30 characters.

To attach documents, follow the below steps:

STEP	ACTION
1	Click Attach Documents from the Context Panel menu
2	Please choose from one of the following methods: Method 1: Choose Files Method 2: Drag and drop document(s) RESULT: The attached documents appear as an icon before being uploaded.
3	If required, update the File Name. The File Name must be less than 30 characters. Category fields can be left blank.
4	Click Upload Files RESULT: The documents appear in Attachment(s). You can view the attached document(s) by selecting the document name. Alternatively, you can delete the attached document(s) by selecting the document checkbox and clicking Delete Documents from the Context Panel menu.

Verify an Outgoing Standby Letter of Credit

Click Verify from the Context Panel menu to validate data input and attached supporting documents. The system will verify that all mandatory fields marked with an asterisk are complete.

MESSAGE TYPE	DESCRIPTION
Successful	The data is successfully verified, and the Workflow Status is updated to Ready to Authorise. RESULT: <Instrument Number> successfully updated. Saved at <Time>.
Error	The data is unsuccessful, and field(s) need attention. Click on the error message hyperlink to take you to the impacted field. The Workflow Status will remain in Started. RESULT: Example: Delivery By is required. Update the impacted field(s), then click Verify again.
Warning	The data is successful but provides a warning to alert you to a particular field(s). If required, update the field and re-Verify. The Workflow Status is updated to Ready to Authorise. RESULT: Example: Auto Extension details are not specified

Authorise an Outgoing Standby Letter of Credit

Click Authorise from the Context Panel menu to approve transactions in a Ready to Authorise or Partially Authorised status from within the transaction screen. You can also Authorise a transaction from the Pending Transactions screen.

Follow the instructions below that apply to you:

Authorise via One Time Password (OTP)

STEP	ACTION
1	Press and hold down the < arrow and lock icon on your VASCO security device
2	Enter your 6-digit PIN
3	Press 1 on your device to display the authorisation code
4	Enter your authorisation code, then click Approve RESULT: A confirmation message confirms the transaction(s) is approved. If the transaction requires additional approvals, the transaction status will change to Partially Authorised and remain in this status until all approvals are obtained. If this is the final approval, the transaction status will change to Authorised. If there is an error in the approval process, the transaction status will change to Authorise Failed.

Authorise via Signature Code (SIG)

STEP	ACTION
1	Press and hold down the < arrow and lock icon on your VASCO security device
2	Enter your 6-digit PIN
3	Press 2 on your device and enter the token code from your screen
4	Press the < arrow to display the authorisation code
5	Enter your authorisation code, then click Approve RESULT: A confirmation message confirms the transaction(s) is approved. If the transaction requires additional approvals, the transaction status will change to Partially Authorised and will remain in this status until all approvals are obtained. If this is the final approval, the transaction status will change to Authorised. If there is an error in the approval process, the transaction status will change to Authorise Failed.

Authorise via a Push Notification

STEP	ACTION
1	Tap on the ANZ Digital Key notification on your mobile device to launch the ANZ Digital Key app
2	Tap Log On and authenticate access by entering your PIN, Face ID or Fingerprint ID. The screen will display the details of the request requiring approvals
3	Review the pending request details shown in ANZ Digital Key and tap to Accept or Decline the request
4	The request will be processed and completed. Close the app as no further action is required

Authorise via a QR Code

STEP	ACTION
1	Tap Log On in ANZ Digital Key and authenticate access by entering your PIN, Face ID or Fingerprint ID
2	Tap Scan QR Code on the screen. ANZ Digital Key will switch to camera mode. Use the camera to scan the request approval QR Code from your desktop or laptop computer.
3	Review the pending request details shown in ANZ Digital Key and tap to Accept or Decline the request
4	The request will be processed and completed. Close the app as no further action is required.

Amend an Outgoing Standby Letter of Credit

Amend an Outgoing Standby Letter of Credit (Detailed) screen

The Outward Standby Letter of Credit Amendment screen provides editable input fields for a Standby Letter of Credit amendment request.

1. Terms

FIELD NAMES	IMAGE
Reference Number (default) Application's Name (default)
Amount (default) Current Available Amount (default) Increase Amount/Decrease Amount Amount field New Amount (default)
Valid From Current Validity From Date Date of Issue Other Date (choose)
Valid To Current Validity To Date New Validity Date End Date (choose) No Expiry/Open Ended Expected Expiry (choose) Other Expiry conditions

2. Amendment to Terms/Conditions

FIELD NAMES	IMAGE
Additional Instructions Phrase Amendment to Terms/Conditions Text

3. Instructions to Bank

FIELD NAMES	IMAGE
Instructions to Bank Phrase Instructions to Bank Text

Amend an Outgoing Standby Letter of Credit (Detailed)

Eligible users can Amend a Standby Letter of Credit in an Active status, where the terms of the Standby Letter of Credit have changed.

STEP	ACTION
1	There are multiple ways to amend an Outgoing Standby Letter of Credit (Detailed). Please choose from one of the following methods: Method 1: Click Transactions > Create Amendment from the Application Banner menu, then search and select the transaction to amend Method 2: Open the Instrument ID of a previous Outgoing Standby Letter of Credit Current Terms Summary screen, then click Amend
2	Amend the editable details as required: Amount (Increase/Decrease) New Validity To and From
3	If required, click Attach Documents from the Context Panel menu to attach any supporting documentation
4	Click Verify Data from the Context Panel menu For more information, please refer to Verify an Outgoing Standby Letter of Credit.

Manage an Outgoing Standby Letter of Credit

View an Outgoing Standby Letter of Credit transaction

Eligible users can view transaction details as input on the screen. You can also view transaction details via Guarantee Reports. For more information, please refer to Guarantee Reports in ANZ Transactive Trade. To view a transaction, follow the below steps:

STEP	ACTION
1	There are multiple ways to view an Outgoing Standby Letter of Credit transaction. Please choose from one of the following methods: Method 1: From your Home screen dashboard, search and click on a transaction from the grid Method 2: Click Transactions > Pending Transactions or Authorised Transactions from the Application Banner menu, then click on a transaction from the grid Method 3: Click Transactions > History from the Application Banner menu, then click + to expand the Instrument, and click on a transaction For transactions Processed by Bank, click View Terms as Entered from the Context Panel menu.
2	Click Close from the Context Panel menu

View an Outgoing Standby Letter of Credit instrument

The Current Terms Summary provides an overview of the Instrument, including associated transactions and transaction logs. Click an Instrument ID from the grid from the Pending Transactions, Authorised Transactions or History screen.

The details displayed are relevant to the Instrument Type and Status of the transaction(s).

Summary

The Summary provides a high-level overview of the Instrument, including any amendments or payments processed.

FIELD	DESCRIPTION
Create Message	Create a Mail Message associated with the Instrument.
Amend	Create an Amendment to the Instrument.
Close	Close the instrument summary screen.
Instrument Amount	Instrument currency and amount, including any amendments, but exclude any tolerance.
Available Amount	Available currency and amount including any payments, amendment adjustments, and tolerance.
Equivalent Amount	Equivalent base currency and amount.
Other Party	Counterparty name.
Reference Number	Applicant's Reference Number.
About %	Amount tolerance.
Issue Date	Instrument date of issue.
Expiry Date	Instrument end date.
Payment Terms	Transaction tenor.
Latest Shipment Date	Latest shipment date.
Applicant Details	Applicant's name and address.
Beneficiary Details	Beneficiary's name and address.

Transactions

Transactions provide a list of all associated transactions linked to the primary Instrument. For more information, please refer to Standby Letters of Credit transaction types. Click a transaction to view the terms as entered.

COLUMN	DESCRIPTION
Transaction Status Date	Date the transaction status was last updated.
Transaction	Transaction Type.
CCY	Transaction currency.
Amount	Transaction amount.
Status	Workflow status.
Download Terms	Download terms in XML, if the Standby Letter of Credit was received in a SWIFT format.
Reference	Related Instrument ID.
Time Instrument	Term instrument ID.

Transaction Log

Transaction Log provides an audit trail of the associated transaction selected.

COLUMN	DESCRIPTION
Date & Time	Date and time of updated action.
Action	Transaction workflow action.
User	User ID and full name who performed the action.
Panel Level	User's Panel level.
Status	Workflow Status.

Mail

Mail provides a list of any Mail Messages associated with the transactions.

COLUMN	DESCRIPTION
Date & Time	Date & Time of the received or replied mail message.
Subject	The subject title of the mail message.
Assigned To	User to who the message is assigned.
Status	Received From Bank Sent to Bank

View Commission and Charges

There are multiple ways to view Commission and Charges for a transaction in a Processed by Bank status. Please choose from one of the following methods:

Method 1: From your Home screen dashboard, click the Transaction type from Notifications
Method 2: Click the speech icon from the Application Banner to open the Notification screen
Method 3: Click Transactions > History from the Application Banner menu, then click + to expand an Instrument ID.
Method 4: View and download the Fees and Charges Report. Please refer to Transactive Trade - Reports for a complete list of reports.

The section would be blank if there were no fees or commissions deducted.

Home screen dashboard Notifications

STEP	ACTION
1	Click the Transaction type from Notifications on the Home screen dashboard RESULT: The transaction summary displays any charges deducted. You can also view the details with the attached Documents.

Notifications screen

STEP	ACTION
1	Click the speech icon from the Application Banner to open the Notification screen
2	Click the Transaction type from the grid RESULT: The transaction summary displays any charges deducted. You can also view the details with the attached Documents.

History screen

STEP	ACTION
1	Click Transactions > History from the Application Banner menu
2	Search for the Instrument ID using the filters or from the transaction grid
3	Click + to expand the Instrument
4	Click Quick View to view any charges associated with the transaction RESULT: The Transaction Quick View window displays any charges deducted. You can also view the details with the attached Documents. Alternatively, you can click the Transaction type to view Commission and Charges.

View Documents

There are multiple ways to view Documents for a transaction in a Processed by Bank status. Please choose from one of the following methods:

Method 1: From your Home screen dashboard, click the Transaction type from All Transactions or Notifications
Method 2: Click the speech icon from the Application Banner to open the Notification screen
Method 3: Click Transactions > History from the Application Banner menu, then click + to expand an Instrument ID.

Home screen dashboard

STEP

ACTION

Click the Transaction type from All Transactions or Notifications on the Home screen dashboard

RESULT: The transaction summary displays documents associated with the transaction. Acknowlodgement.Detailed.png

Click to open the document in PDF format

See sample acknowledgement in Standby Letters of Credit FAQs.

Notifications screen

STEP	ACTION
1	Click the speech icon from the Application Banner to open the Notification screen
2	Click the Transaction type from the grid RESULT: The transaction summary displays documents associated with the transaction.
3	Click to open the document in PDF format

History screen

STEP	ACTION
1	Click Transactions > History from the Application Banner menu
2	Search for the Instrument ID using the filters or from the transaction grid
3	Click + to expand the Instrument
4	Click Quick View to view any documents associated with the transaction RESULT: The Transaction Quick View window displays any attached documents.
5	Click to open the document in PDF format

Edit an Outgoing Standby Letter of Credit

Eligible users can edit the transaction details in a Ready to Authorise, Partially Authorised, Ready to Check or Authorised Failed status from within the transaction screen. To edit a transaction, follow the below steps:

STEP	ACTION
1	Click Edit from the Context Panel menu
2	Edit the details as required
3	Click Verify from the Context Panel menu For more information, please refer to Verify an Outgoing Standby Letter of Credit.

Send for Repair an Outgoing Standby Letter of Credit

Eligible users can send a transaction for repair that is in a Ready to Authorise, Partially Authorised, Ready to Check or Authorise Failed status from within the transaction screen. To Send for Repair, follow the below steps:

STEP	ACTION
1	Click Send for Repair from the Context Panel menu
2	Enter the Repair Reason, e.g., update Currency to USD
3	If required, select user(s) name to send an Email Notification to. We recommend adding your email address to ensure you receive email notifications. For more information, please refer to Navigating the System > User Preferences.
4	Click Save & Close RESULT: A confirmation message confirms the transaction is Sent for Repair, along with the Repair Reason and the user who requested the repair. The recipient will receive an email notification. See sample email in Standby Letters of Credit FAQs.

Route an Outgoing Standby Letter of Credit

Eligible users can route transactions to users in their Organisation. The user will receive an email notification for the transaction. To Route a transaction, follow the below steps:

STEP	ACTION
1	There are multiple ways to route an Outgoing Standby Letter of Credit transaction. Please choose from one of the following methods: Method 1: Click Transactions > Pending Transactions from the Application Banner menu. Choose an Outgoing Standby Letter of Credit transaction(s) from the grid, then click Route Method 2: Open an Outgoing Standby Letter of Credit transaction that is not fully authorised, then click Route Transaction
2	Select recipient Person or Organisation
3	Click Route Item(s) RESULT: Transaction successfully routed to the recipient who will receive an email notification. We recommend adding your email address to ensure you receive email notifications. For more information, please refer to Navigating the System > User Preferences.

Delete an Outgoing Standby Letter of Credit

Eligible users can delete a transaction that is not fully authorised. To delete a transaction, follow the below steps:

STEP	ACTION
1	Click Transactions > Pending Transactions from the Application Banner menu
2	Select the transaction(s) from the grid
3	Click Delete from the Context Panel menu
4	Click OK from the Alert window RESULT: The transaction(s) is deleted from your Organisation's database.

Standby Letters of Credit Reports

Standby Letters of Credit reports list issued, received, and outstanding Standby Letters of Credit within a date range. You can download transaction lists from the Pending Approval, Current Instruments and Past Instruments screens.
For a complete list of Trade reports, please refer to Transactive Trade - Reports.

Standby Letters of Credit reports in ANZ Transactive Trade

In ANZ Transactive Trade, Standby Letter of Credit reports provides a list of issued, received, and outstanding Standby Letter of Credit within a date range. You can download these reports in CSV, PDF and XLSX.

REPORTS

REPORT NAME	DESCRIPTION
Guarantee and Standby Letter of Credit issued	Issued Standby Letters of Credit within a date range. See sample report in Standby Letters of Credit FAQs.
Guarantee and Standby Letter of Credit received	Received Standby Letters of Credit within a date range. See sample report in Standby Letters of Credit FAQs.

VIEW AND DOWNLOAD

To view and download Standby Letters of Credit reports in ANZ Transactive Trade, follow the below steps:

STEP	ACTION
1	Click Reports > Standard Reports from the Application Banner menu
2	Filter to Show Guarantees (this includes Standby Letters of Credit reports)
3	Click a Report Name from the grid
4	Enter Report Criteria, e.g. Date Range
5	Click Show Report RESULT: The report is visible on the screen. Click the arrows to scroll through the pages or choose a page number for reports with multiple pages. Click the downward arrow to enter new Report Criteria and rerun the report.
6	If required, click Expand to view the report in the same size as your screen.
7	If required, click Save As to save a copy of the report, then enter a Report Name, Report Description, Report Type and save as a Standard or Custom Report. Then click Save.
8	If required, click the icon to download the report in CSV, PDF or XLSX
9	Click Close to exit out of the report

Standby Letters of Credit reports in ANZ Transactive - Global

In ANZ Transactive - Global, Standby Letters of Credit reports provide a list of all transactions in the Pending Approval, Current Instruments and Past Instruments screens. You can also schedule, download and email the transaction in CSV or PDF.

For more information, please refer to ANZ Transactive - Global Trade Finance Reports.

Standby Letters of Credit FAQs

Can I view manually processed Standby Letters of Credit online?

Yes. You can view your paper-based Standby Letters of Credit via ANZ Transactive Trade when you have submitted your Standby Letters of Credit application forms and supporting documents directly to ANZ for manual processing.

The instrument number will have a SO prefix when processed manually instead of SOP, when processed online.
You can view the Current Terms Summary, associated commission and charges, as well as the generated Acknowledgement.
The Transaction Log will show 'Bank' as the Action, as the Bank had performed the Standby Letters of Credit issuance upon your request.

What does a Standby Letter of Credit Application advice look like?

An Advice is received as a PDF attachment.

What does a Standby Letter of Credit Acknowledgement advice look like?

An Advice is received as a PDF attachment.

What does a Standby Letter of Credit Amendment Application advice look like?

An Advice is received as a PDF attachment.

What does a Standby Letter of Credit Amendment Acknowledgement advice look like?

An Advice is received as a PDF attachment.

What does the Standby Letter of Credit Download Saved Data details look like?

An Advice is received as a CSV attachment. This is only a small portion of the CSV data.

What does an Email Notification look like?

The Advice is received as an email.

What does a Send for Repair email advice look like?

The Advice is received as an email.

What does a Guarantee and Standby Letter of Credit issued report look like?

What does a Guarantee and Standby Letter of Credit received report look like?