Performing a Pledgee Inquiry and Approving a Release Request

You can inquire about the statuses of pledges and approve and/or cancel release requests. Approving a release request releases the collateral back to the pledgor.

1. From the Settlement Web main menu bar, under Activity, select Collateral Loan Services - Pledgee Inquiry.

   
   

   

   
   

   Note - The entry fields vary slightly based upon pledgee bank type. The following graphics use the Free/Valued Inquiry tab as an example.

2. Enter the required and optional search criteria

   
   

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   Notes:

• Use the "Quick Search" Display Type to act on any search results. You cannot approve or cancel pledges from the "Excel" view.

• Under Transaction Type, select the type of item you want in your results:

• All

• Pledge

• Release

• Return

• The Start Time begins your search at a particular time on the selected business date. It defaults to one hour before the current time.

  
  

  

3. Click Search.

   All items matching your search criteria will be displayed at the bottom of the page.

   A settlement processing (ATP) status displays in your inquiry. Values are:

• SUBA - Submitted to ATP

• XPER - Recycling Express

• MAKD - Made

• PDRP - ATP Permanently Dropped

• Blank - Not Submitted for Processing

  
  

  
  
  

4. To view details about any item, click its Status.

   A separate window opens, displaying the details of the pledge, return, or release.

   
   

   

   
   

5. Click the Approve or Cancel checkbox next to each item that you want to process and click Submit.

   A success message appears when your items have been successfully submitted.