5.1.2 Amend Legal Block

This topic describes the systematic instructions to amend the legal blocks.

1. To search and select the required account with an existing legal block and initiate legal block amendment, follow the steps below:
   1. Click Corporate Account Transactions under Corporate Account Transactions and then click Legal Block.
   2. Under Legal Block, click Amend.
      The Amend page displays.

      Figure 5-6 Amend Legal Block

      
      

      
      Description of "Figure 5-6 Amend Legal Block"

      
      
   3. In the Legal Block Search section, specify the fields. For more information on fields, refer to the field description table.

      Table 5-3 Amend Legal Block- Field Description

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

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

      Figure 5-7 Entry of Legal Block Amendment - Basic Details

      
      

      
      Description of "Figure 5-7 Entry of Legal Block Amendment - Basic Details"

      
      

      Tip:

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

   Figure 5-8 Entry of Legal Block Amendment - Legal Block

   
   

   
   Description of "Figure 5-8 Entry of Legal Block Amendment - Legal Block"

   
   
4. In the Legal Block section, amend the Amount or Expiry Date as required.
5. Click Next.
   The Summary page displays.
6. Click Submit.
   The Stage Movement Submission dialog for the Entry of Legal Block Amendment stage displays the Overrides present on this stage.
7. To complete the Stage Movement Submission process, follow the steps below:
   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 Legal Block Amendment task is created.
8. To acquire and edit the Approve Legal Block Amendment page, follow the steps below:
   1. Click Tasks under Tasks,and click Free Tasks.
      The Free Tasks page displays.
   2. Search the listed tasks with these column values. The Process Name column contains Amend Legal Block, the Stage column contains Approve Legal Block Amendment and the Application Number column contains the number noted in Step 1.d.
   3. Click Acquire and Edit.
      The Approve Legal Block Amendment- <Application Number> page displays.

      Figure 5-9 Approve Legal Block Amendment - Legal Block

      
      

      
      Description of "Figure 5-9 Approve Legal Block Amendment - Legal Block"

      
      
9. Click Submit from the Summary page.
   The Stage Movement Submission dialog for the Approve Legal Block Amendment stage displays.
10. To complete the Stage Movement Submission process, follow the steps below:
    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.
11. To confirm that the account has the amended legal block, follow the steps below:
    1. Click Tasks under Tasks, and then click Completed Tasks.
       The Completed Tasks page should display the two stages of the legal block amendment process: Entry and Approval.
    2. View the account balance details in the 360 view. The Balances tab reflects the updated Legal Block amount.
       For more information on viewing Balance details, see Account Search - Balance Details.