Money Movement also allows you to edit transactions.

To edit / void a transaction:

Clients with appropriate access can edit transactions or void transactions from the Transactions Home page.  If the user has access to complete these actions and the transaction has not yet processed, the Edit / Void options will be displayed in the Action column.

• The user that created the transaction (Originator) has access to Edit the transaction.

• The user that created the transaction (Originator) has access to Void the transaction.

• A user with Cancel Other’s Transactions access can Void any transaction.

When to take Action

• Wires:  Future dated wires process at the beginning of the day.  These transactions can be voided up until the transaction is processed.  Current day wires process immediately upon Verification and Confirmation, assuming they are approved prior to the cut off time and do not require Northern Trust review.

• Transfers:  Transfers process at the end of the day, after the stated cut-off times.  Clients can void transfers prior to the cut-off time on the scheduled transaction date.

Approving Transactions

Depending on the security levels set during enrollment, transactions may require approval within the Family Office.  In the case of transactions requiring approval, the Status column will reflect that the transaction has a status of Pending Approval.

Pending Approval will always appear in red.  When Pending Approval also appears in bold type, this means that the user has the authority to approve the transaction.  If Pending Approval appears in normal type, this means that the user cannot approve this transaction.

To approve a transaction

1. Click on Pending Approval in the Status column on the Transactions Home page for the corresponding transaction.  The Submit Transaction for Approval screen opens listing the transaction details for this transaction.  The user can select  Back, Approve, or Reject at the bottom of the screen.

2. If the transaction is approved, the approver’s User ID and date of approval will be listed in the columns at the bottom of the screen.   In addition, transaction information on the Home page will reflect status as Approved.

3. Similarly, if the transaction is rejected, transaction information on the Home page will reflect status as Rejected.

To approve batch transactions

1. Click Pending Approvals from the Money Movement submenu.

2. To make Pending Approvals your start page, click 'Make This My Start Page'.

3. Use the Filter Criteria section to narrow your search or find specific transaction(s) - e.g. enter the Transaction # and click the View Results button.

4. Expand the row to view the transaction details by clicking on +.

5. Select the transaction(s) you want to Approve or Reject.

• To select 'All Transactions', click the box in the column header and 'all transactions' are selected.  You can also select individual transaction(s) you would like to Approve or Reject.

• Click the Approve or Reject button.

6. Click on Yes, Approve Transaction(s) to approve transaction(s) or No, Cancel button to cancel the action.

7. System feedback will display: Your transaction(s) has been submitted for processing.

8. While transaction(s) are processing, a status will display Updating on Transactions Home page.  The status will change when transaction(s) completes processing.