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RE: Loan WG Meeting - 25 Mar 2008: 1000EST / 1400GMT



Title: Loan WG Meeting - 25 Mar 2008: 1000EST / 1400GMT
Bhavik,
 
Following the discussion of LC Beneficiary and review of internal systems, BoA would NOT be able to provide a full party reference for this information.  It is currently stored as only a text line item - to use Ellen's example from yesterday, BoA only lists "Joe's Lumber Co." as a text item and doesn't flesh this out with additional party info. 
 
Considering this, I would like to propose that LC Beneficiary be a choice - for those who have the more detailed party data available, they can certainly send it using PartyReference and Party; for those that only store the name, the message sends the name.
 
<xsd:choice>
   <xsd:element name="beneficiaryPartyReference" type="PartyReference" />
   <xsd:element name="beneficiary" type="xsd:string" />
</xsd:choice>
 
Thanks

From: loanwg@xxxxxxxx [mailto:loanwg@xxxxxxxx] On Behalf Of Bhavik Katira
Sent: Monday, March 24, 2008 9:19 PM
To: loanwg@xxxxxxxx
Subject: Loan WG Meeting - 25 Mar 2008: 1000EST / 1400GMT

Dial-in Details

US:     + 1 (888) 481 - 3032

Intl:   + 1 (617) 801- 9600

UK:     0800 904-7961

Part. Code:     28413758

Agenda

1.      Review minutes from last meeting.

2.      Updated requirements document go through L/C flows and business scenarios.

3.      Future deliverables.

Attachments

The following documents are attached:

1.      Minutes from 11th March 2007.

2.      Version 22 of business requirements document.

Thanks,

BK

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