An instructional video on how to view, approve and send trade transactions for repair from the Trade Finance menu, including scheduling and downloading transaction reports.NOTE: From December 2023, guarantees and standby letters of credit are available from the Guarantees & Standby LC's menu in ANZ Transactive - Global.
The Pending Approval screen displays a list of Trade transactions awaiting approval that are in one of the following statuses:
The Current Instruments screen displays a list of current Trade instruments that are in one of the following statuses:
The Past Instruments screen displays a list of past Trade instruments that are in one of the following statuses:
|Reports||The Trade Finance Reports screen displays a list of Report Profiles, including scheduled reports and Generated Reports.|
As a Trade transaction moves through the trade workflow, it goes through a number of different statuses as a result of the actions performed. The following tables detail all statuses in Trade Finance.
The following table details each Pending Approval status.
|Ready to Check||The transaction is awaiting checker authorisation. Once the checker has sent the transaction for authorisation, it will move to Ready to Authorise status.|
|Ready to Authorise||The transaction has been created, verified and is ready for approval. Once approved, it will move to an Authorised or Partially Authorised status.|
|Partially Authorised||The transaction requires multiple approvals and it has already been approved by at least one approver. It will remain in this status until the final approver has authorised the transaction. Once complete, it will move to an Authorised status.|
|Repair||The transaction has a potential error and has been sent for Repair by a company user.|
|Returned by Bank||The transaction has been returned by the bank and needs to be corrected and re-authorised before it can be processed by the bank.|
|Authorised Failed||The transaction has failed the approval process and requires further action.|
The following table details each Current Instrument status.
|Pending||An initial transaction for the instrument has been created but has not been processed by the bank. Once processed, it will move to an Active status.|
|Active||An initial transaction for the instrument has been created and processed by the bank.|
|Expired||The instrument has expired.|
The following table details each Past Instrument status.
|Cancelled||The instrument has been cancelled.|
|Closed||The instrument has been closed.|
The instrument has been deactivated.
Instruments in this status can be reactivated.
|Paid||The instrument has been paid or liquidated.|
The following types of Trade Finance instruments can be viewed, approved or sent for repair in ANZ Transactive – Global:
- Air Waybill
- Banker's Acceptance
- Collection Acceptance
- Deferred Payment
- Export Collection
- Export Finance
- Export Letter of Credit
- Import Collection
- Import Letter of Credit
- Loan Request
- Trade Loan