Message type: E = Error
Message class: FTR_LC - Message class for Letter of Credit
Message number: 162
Message text: Presentation function is not supported for standby letters of credit
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FTR_LC162
- Presentation function is not supported for standby letters of credit ?The SAP error message FTR_LC162 indicates that the presentation function is not supported for standby letters of credit (SBLC). This error typically arises in the context of financial transactions involving letters of credit in the SAP system, particularly when dealing with the functionality related to the presentation of documents.
Cause: The error occurs because the system is trying to execute a presentation function that is not applicable to standby letters of credit. Standby letters of credit are different from traditional letters of credit in that they are typically used as a guarantee of payment rather than a means of facilitating a trade transaction. As such, certain functions that are available for regular letters of credit may not be available for standby letters of credit.
Solution: To resolve this error, consider the following steps: Check Transaction Type: Ensure that you are using the correct transaction type for standby letters of credit. Review the configuration settings in
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