Endorsing Drafts to Another Party
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Page Name |
Definition Name |
Usage |
|---|---|---|
|
DRAFT_TRANSFER |
Endorse drafts to another party. |
Drafts that have an Accepted status can be endorsed to another party. When you endorse a draft, its status changes from Accepted to Endorse and you cannot remit the draft to the bank. If the draft is no longer endorsed to another party, change its status back to Accepted so that it can be remitted to the bank.
Use the Endorse Draft page (DRAFT_TRANSFER) to endorse drafts to another party.
Navigation:
This page is similar to the Draft Collateral page.
Field or Control |
Description |
|---|---|
Transaction Type |
Displays the endorsement status of the draft: Endorse indicates that the draft is endorsed to another party. Undo indicates that the draft is no longer endorsed. |