Instruments Overview

The Instruments area is where you view, create, and process trade transactions. When you press the Instruments button on the navigation bar, the Instruments area displays, which includes the Purchase Orders, Pending Transactions, Authorised Transactions, and Instrument History tabbed sections. Each tabbed section displays a listing page that enables you to work with transactions and instruments through in the processing life cycle. You can click on any instrument or transaction under the Pending Transactions, Authorised Transactions, or Instrument History tabs to view the detail page for the instrument or transaction.

As shown in this figure, you can create new trade transactions for a variety of instrument types, by copying from an existing instrument or instrument template, or by starting with a blank instrument form.

If you do not have minimum security rights to instruments, you will not be able to access the Instruments area.

For each instrument type, one or more transaction types are available. The following matrix illustrates the type(s) of transactions you can create and process for each instrument type:

Instrument Type	Issue	Amend	Trace	ATP / Discrepancy Response*
Import Letter of Credit	X	X		X
Outgoing Standby Letter of Credit	X	X		X
Export Letter of Credit (transfer)	X	X		X
Export Letter of Credit (assign)	X
Outgoing Guarantee	X	X
Air Waybill Release	X
Shipping Guarantee	X
Import Collection	X	X	X
Export Collection	X	X	X
Direct Send Collection	X	X	X
Funds Transfer Request	X
Loan Request	X
Request to Advise	X	X		X
Approval to Pay	X	X		X