Trade Finance FAQs

The Pending Approval screen displays transactions with one the following statuses:

• Ready to Authorise
• Partially Authorised
• Ready to Check
• Repair
• Returned by Bank
• Authorise Failed

The Current Instruments screen displays instruments with a status of Active, Pending or Expired.

The Past Instruments screen displays instruments with a status of Cancelled, Closed, Deactivated or Paid.

Apart from approving or sending a transaction for repair, you are unable to make any other direct changes to a transaction from Trade Finance in ANZ Transactive - Global. However, you can edit a transaction via ANZ Transactive Trade in one of four ways:

• Select a transaction, click Open with Transactive Trade on the Control Bar and edit the transaction from Transactive Trade
• Click on a transaction to display the Instrument Details screen, click Open with Transactive Trade on the Control Bar and edit the transaction from ANZ Transactive Trade
• Right click a transaction, select Open with Transactive Trade from the Context Menu and edit the transaction from ANZ Transactive Trade
• Open ANZ Transactive Trade from Applications and edit the transaction

To approve a transaction, you can do one of the following:

• Click on Trade Finance > Pending Approval, select the transaction(s) to be approved by ticking the box on the left-hand side of the transaction and then click Approve on the Control Bar
• Click on Trade Finance > Pending Approval, right click on the transaction and click Approve on the Context Menu
• Select a transaction in the Trade Finance > Pending Approval screen to display the Instrument Detail screen and then click Approve on the Control Bar

There are a number of reasons why you may not be able to approve a transaction including:

• You do not have entitlements to approve the transaction
• The current status of the transaction does not allow it to be approved
• You have already approved the transaction

To send a transaction for repair, do one of the following:

• Click on Trade Finance > Pending Approval, select a transaction to be repaired by ticking the box on the left-hand side of the transaction and then click Repair on the Control Bar
• Click on Trade Finance > Pending Approval, right click on the transaction and click Repair on the Context Menu
• Select a transaction in the Trade Finance > Pending Approval screen to display the Instrument Detail screen and then click Repair on the Control Bar

There are a number of reasons why you may not be able to send a transaction for repair including:

• You do not have entitlements to send the transaction for repair
• The current status of the transaction does not allow for it to be sent for repair
• You have selected multiple transactions to be sent for repair and you can only send one transaction at a time for repair

Check the status of the transaction from the Pending Transaction screen for an indication as to why it has not been processed:

• Ready to Authorise: The transaction needs to be approved before it can be processed
• Partially Authorised: The transaction has not yet received all necessary approvals. It must be fully approved before it can be processed.
• Ready to Check: The transaction requires review from a checker
• Repair: The transaction has an error and needs to be corrected
• Returned by Bank: The bank has identified an error with the transaction and needs to be corrected
• Authorise Failed: The transaction has failed the approval process and requires further action