The bank user should be given the ability to book off an Import LC that has been issued, as part of the advanced steps in the process. The option to "Close" the Import LC must be made available in the context menu.

If the Letter of Credit (LC) is not utilized, its status will be "Issued" or "Amended." If there is no expected drawing, the issuing bank may close the LC.

When the drawing status is "Doc Settled" or "Doc Rejected" in an Import LC with a drawing, the "Close" option should be present. Furthermore, the "Close" option should be available when the deal balance is "0," indicating that no additional drawings are expected.

When the Import LC is closed, any user should only be able to view the LC with the status "Closed.". This ensures that no further transactions can be made against the LC, and it has been successfully closed.