3.3 Seniority

This topic provides information about the Seniority data segment in Collateral Liquidation Initiation stage. The Seniority data segment displays the collateral's seniority of charge details. If the bank's charge on collateral is second or third charge, all the pervious charge details is also displayed.

Click Next in the Initiation - Commodity screen, the Seniority data segment is displayed.

Figure 3-6 Initiation - Seniroity

Seniroity details of collateral liquidation
  1. View the Seniroity details and click Next.
    The Initiation - Linked Transaction screen is displayed.