Instruction lifecycle

Step by step

1. Prepare instruction Treasury Preparer

   Treasury Preparer selects the organization, counterparty and owner, enters the amount and creates debit and credit account scopes. Attach the supporting document while the instruction is Draft.

   • Draft and account scope
   • Updates Bank instructions, Instruction accounts, Record attachments

2. Review instruction Independent Treasury Approver

   Independent Treasury Approver checks the frozen revision, amount, account scope and evidence. An approval records the reviewer and reason before the instruction becomes Authorized; a rejection remains visible.

   • Revision-bound decision
   • Updates Bank instructions, Review decisions, Operation receipts
   ApprovalA person approves before the work moves on.

3. Submit to provider Treasury Preparer

   Treasury Preparer sends the authorized instruction through the agreed provider route and records the provider identifier. Submission remains distinct from a confirmed movement.

   • Provider reference and submitted state
   • Updates Bank instructions, Operation receipts

4. Confirm provider outcome Treasury Operations Lead

   Treasury Operations Lead checks the provider event and marks the instruction Confirmed only when the evidence has been verified.

   • Verified event and confirmed state
   • Updates Bank instructions, Bank evidence

5. Match account movement Treasury Operations Lead

   Treasury Operations Lead compares the confirmed instruction with the movement on the same account, amount and occurrence date.

   • Account-level match or exception
   • Updates Reconciliation items, Financial accounts

Treasury Preparer

Prepares and submits eligible work; Independent Treasury Approver decides; Treasury Operations Lead confirms and reconciles; Auditor reads the trail.