This topic describes the systematic instructions to close legal blocks.

1. Search and select the required account with an existing legal block and initiate legal block amendment.
   1. Click Corporate Account Transactions, under Corporate Account Transactions, click Legal Block.
   2. Under Legal Block, click Close.
      The Close page displays.

      Figure 5-15 Close Legal Block

      
      

      
      Description of "Figure 5-15 Close Legal Block"

      
      
   3. Specify the fields in the Legal Block Search section.

      Table 5-6 Close Legal Block - Field Description

      Field	Description
      Account Number	Specify the account number containing the legal block to close.
      Account Name	Displays the account name.
      Customer Number	Specify the CIF number of the customer owning the account.
      Customer Name	Displays the customer name.
      Currency	Specify the currency of the customer account.
      Currency Description	Displays a description of the currency.

   4. Click Search.
      The Account Selection section displays the accounts matching the search filters.
   5. Select the required account and click Initiate.
      The Legal Block Closure Details Entry - <Application Number> page displays the Account Basic Details screen.

      Tip:

      Note the Application Number. It is needed to identify the tasks on the Free Tasks page.

      Figure 5-16 Legal Block Closure Details Entry - Basic Details

      
      

      
      Description of "Figure 5-16 Legal Block Closure Details Entry - Basic Details"

      
      

      Tip:

      Note the Application Number. It is needed to identify the tasks on the Free Tasks page.
2. Review the account basic details and ensure the correct account is selected.
3. Click Next.
   The Legal Block screen displays the selected legal block.

   Figure 5-17 Entry of Legal Block Closure - Legal Block

   
   

   
   Description of "Figure 5-17 Entry of Legal Block Closure - Legal Block"

   
   
4. Ensure that you have selected the appropriate account containing the legal block to close.
5. Click Next.
   The Summary screen displays.
6. Click Submit.
   The Stage Movement Submission dialog for the Legal Block Closure Details Entry stage displays the Overrides present on this stage.
7. Complete the Stage Movement Submission process.
   1. Accept any Overrides generated and click Proceed Next.
      The Checklist stage fetches and displays checklists mapped to the Create process.
   2. Confirm the checklist items and then click Proceed Next.
      The Outcome stage displays.
   3. Select PROCEED from the drop-down list.
   4. Click Submit.
      The Approve Closure of Legal Block task is created.
8. Acquire and edit the Approve Closure of Legal Block page.
   1. Click Tasks, and under Tasks, click Free Tasks.
      The Free Tasks page displays.
   2. Search the listed tasks with these column values. Process Name column contains Close Legal Block, the Stage column contains Approve Closure of Legal Block and the Application Number column contains the number noted in Step 1.d.
   3. Click Acquire and Edit.
      The Approve Closure of Legal Block - <Application Number> page displays.

      Figure 5-18 Approve Legal Block Closure - Legal Block

      
      

      
      Description of "Figure 5-18 Approve Legal Block Closure - Legal Block"

      
      
9. Click Next.
   The Approve Closure of Legal Block - <Application Number> page displays the Summary screen.
10. Review the legal block details and click Submit.
    The Stage Movement Submission dialog for the Approve Closure of Legal Block stage displays the Overrides present on this stage.
11. Complete the Stage Movement Submission process.
    1. Accept any Overrides generated and click Proceed Next.
       The Checklist stage fetches and displays checklists mapped to the Approve stage.
    2. Confirm the checklist items and then click Proceed Next.
       The Outcome stage displays.
    3. Select PROCEED from the drop-down list.
    4. Click Submit.
       The Legal block is closed.
12. Confirm that the account no longer has the legal block.
    1. Click Tasks, and under Tasks, click Completed Tasks.
       The Completed Tasks page should display the two stages of the legal block closure process: Entry and Approval.
    2. View the account balance details in the 360 view. The Balances tab should not reflect the closed Legal Block amount.
       For more information on viewing Balance details, see Balance Details.