webledger settlement this is only one example of many, many scenarios this shows a straight, prefund

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webledger settlement(this is only one example of
many, many scenarios)(this shows a straight,
pre-funded settlement agent)

• Steps
• Establish Settlement Account
• Buyer creates purchase order
• Buyer instructs Settlement Agent to pay
• Settlement agent executes bank payment
• The entries within three webledgers are shown on
  the next slide. These would be partially
  automated.

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Establish Settlement Account
3
Buyer creates purchase order
4
Buyer instructs Settlement Agent to pay
5
Settlement agent executes bank payment