To guide corporate users through the process of initiate/register an amendment to an existing Export Letter of Credit (LC) in RIVO. This is useful when there is a need to modify one or more terms of the original issued LC.
Who Should Use This Guide?
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Corporate users managing Export LCs
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Beneficiaries needing to request changes to issued LCs
Step-by-Step Process
1. Access the Amendment Function
- Login to RIVO.
- Locate the export LC you wish to amend using Search bar providing Deal number or in Dashboard.
- Click on the LC deal to open the contract.
- From the context menu, select “Amend”.
2. Enter Amendment Details
Once in the amendment flow, RIVO will display the current LC data along with editable fields for each section
3. Save, Review and Sign
After making the required modifications, validate and confirm the deal to reflect the 'Amended' status.
4. Amendment Summary
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All changes are tracked in the Amendment Summary section.
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Users can view past versions and details of who made each change.
Note: This provision is applicable to corporate entities where their banks are not linked to the RIVO platform.
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