2.5 Multi Level Approval

This topic helps you quickly get acquainted with the Multi Level Approval process of Guarantee Advise Amendment.

The Approval user can approve a Guarantee Advise Amendment transaction.

In Approval the user can view a snapshot of the amendment made to this transaction. Corresponding to the field the current latest Guarantee value and the new amended value is displayed.
  1. Log in into OBTFPMCS application and acquire the task available in the approval stage in free task queue. The user can view the Summary tiles which displays list of important fields with values.
  2. Click each tile to drill down from summary Tiles into respective data segments to verify the details of all fields under the data segment.

    Note:

    The user can simulate/recalculate charge details and during calling the handoff, if handoff is failed with error the OBTFPMCS displays the Handoff failure error during the Approval of the task.

Approval Summary

Description of approvalsummary.png follows
Description of the illustration approvalsummary.png
Tiles Displayed in Summary:
  • Main Details - User can view the application details and guarantee details.
  • Guarantee Preferences - User can view the guarantee preference details.
  • Amendment Snapshot - User can view the comprehensive fields amended with the previous value and new amended value.
  • Additional Fields - User can view the details of additional fields.
  • Advices - User can view advices.
  • Limits and Collaterals - User can view the limits and collateral details. User can modify the details if required.
  • Commission, Charges and taxes - User can view commission, charges and taxes details.
  • Settlement Details - User can view the settlement fields.
  • Preview Messages - User can drill down to view the message preview, legal verification and customer draft confirmation details. The message preview screen has the Legal Verification details.
  • Exception(Approval) Details - User can view the exception (Approval) details.
  1. Click Approve.
For more information on Action Buttons, refer to the field description table below.

Table 2-29 Approval Summary - Action Buttons - Field Description

Field Description
Documents View/Upload the required document.

Application displays the mandatory and optional documents.
The user can view and input/view application details simultaneously.
When a user clicks on the uploaded document, Document window get opened and on clicking the view icon of the uploaded document, Application screen should get split into two. The one side of the document allows to view and on the other side allows to input/view the details in the application

Remarks Specify any additional information regarding the guarantee. This information can be viewed by other users processing the request.

Content from Remarks field should be handed off to Remarks field in Backend application.
Overrides Click to view the overrides accepted by the user.
Customer Instruction Click to view/ input the following
  • Standard Instructions – In this section, the system will populate the details of Standard Instructions maintained for the customer. User will not be able to edit this.
  • Transaction Level Instructions – In this section, OBTFPMCS user can input any Customer Instructions received as part of transaction processing. This section will be enabled only for customer initiated transactions.
Incoming Message This button displays the multiple messages (MT760 + up to 7 MT761.

In case of MT798, the User can click and view the MT798 message(770,700/701).
View Undertaking Clicking this button allows the user should to view the undertaking details.
View Events Click View Events button to view the snapshot of various events under the Guarantee Advised Amendment.
Signatures Click the Signature button to verify the signature of the customer/ bank if required.

The user can view the Customer Number and Name of the signatory, Signature image and the applicable operation instructions if any available in the back-office system.

If more than one signature is available, system should display all the signatures.
Reject On click of Reject, user must select a Reject Reason from a list displayed by the system.

Reject Codes are:

  • R1- Documents missing
  • R2- Signature Missing
  • R3- Input Error
  • R4- Insufficient Balance/Limits
  • R5 - Others

Select a Reject code and give a Reject Description.
This reject reason will be available in the remarks window throughout the process.
Hold The details provided will be saved and status will be on hold.User must update the remarks on the reason for holding the task.

This option is used, if there are any pending information yet to be received from applicant.
Refer Select a Refer Reason from the values displayed by the system.

Refer Codes are:

  • R1- Documents missing
  • R2- Signature Missing
  • R3- Input Error
  • R4- Insufficient Balance/Limits
  • R5 - Others
Cancel Cancel the Approval stage inputs. The details updated in this stage are not saved. The task will be available in 'My Task' queue.
Approve On approve, application must validate for all mandatory field values, and task must move to the next logical stage. If there are more approvers, task will move to the next approver for approval. If there are no more approvers, the transaction is handed off to the back end system for posting.

Parent topic: Guarantee Advise Amendment