Approving a sweep transaction

Any action taken on an agreement, such as adjustment, transfer, execute, and cancel schedule, that required approval, must be approved in Liquidity Management system (LMS). The checker user can take an appropriate action on such transactions.

To approve a sweep transaction

1. Navigate to Liquidity.

2. Click Sweeping >> Sweep Transactions. The Sweep Transactions page displays the list of existing transactions.

3. Click Approval Queue.

4. Select the transaction that you wish to approve.

5. Click Approve.

· You can approve a transaction with the Submitted status only.

· After approval, the status of the transaction changes to Approved.

· You can also reject a transaction using the above method. Select the transaction and click Reject. Specify the reject remark on the popup and click OK.

· Once approved, the result of the transactions are available in the Sweep Query page.