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

• Release Approval
  This topic provides systematic instructions about the Release Approval data segment in the Approval stage.
• Property
  This topic provides systematic instructions about the Property data segment in the Approval stage.
• Linkage Details
  This topic provides systematic instructions about the Linkage Details data segment in the Approval stage.
• Comments
  This topic provides systematic instructions about the Comments data segment in the Approval stage.