Multiple currency bank accounts for opening Letter of Credit (LC)

Hello,

In AX 2012, how do we manage multiple currency accounts (USD, EURO, AED) with one bank (e.g. HSBC). Can we have one main account (for the bank) and multiple sub-accounts for each currency in the system.

Currently, we face the problem of being able to open Letter of Credit only in the currency in which the account is maintained. If this is USD, we can only opt for opening LC in USD, no matter what the ground reality be. For the other currencies, we have to open Main account for the bank with other currency. By doing this, we have multiple main accounts for each bank and their consolidation is not possible anywhere.

Regards,

Zaka

I AM ALSO FACING THE SAME ISSUE,

Please Suggest.

Rahul