From a draft instruction to an authorized one, decided by a second person.
The trader records the instruction with counterparty, organization, instrument and requested amount, attaches the mandate or supporting files and sends it for review. The counterparty must be active, eligible and in the same organization.
The independent reviewer opens the instruction in the review queue and checks it against its attachments.
The reviewer records approve, reject or return with a reason on the current revision. Approval authorizes the instruction.
A returned instruction is changed by the trader, its revision goes up and it goes back for review.
And how to keep it from happening.
Start free, then use Proto to change fields, steps and approvals before your team goes live.