7 Approval

This topic provides information about the Approval stage in Collateral Release process.

In this stage, the Credit Approver in bank must review the collateral details along with the Legal Opinion from Legal department and the Risk Comments from Risk department and take necessary action to approve or reject the Collateral release application.

The following data segments are available in the Approval stage:

• Release Approval
• Property
• Document Safekeeping
• Linkage Details
• Comments