2.2 Exception Approval

This topic describes about Exception Approval.

Credit approver will approve the exception transaction before it is effected in the CBS. Credit officer will have a view of the exception details logged and credit officer’s suggestion to handle the exception by verifying the exception status selected by the credit officer. Credit Approver can choose to approve the exception or send it back to the credit officer to re-work on the exception request. Credit approver to provide the remarks and select the desired action.

Figure 2-3 Collateral Exception Approval