To lock and unlock the database

Databases must be locked to produce final positions and release payments.  A Netting Manager may lock and unlock databases on several occasions throughout the Netting cycle.

1. On the CitiDirect navigation bar, click Process, and then click Manage Netting Cycle.  The Manage Netting Cycle Form appears.

2. Click Netting Center Status and then select either Unlock, Lock or Lock (Except Mgr.)  The status of the Netting Center is changed.

Note:

• Any transactions submitted after the files are locked are included in the next cycle.