Transfer 
Transfer is a collateral agreement where the actual collateral is transferred to the collateral taker. Collateral Management (FS-CMS) supports the following business requirements for transfers:
● Waiver of lessor’s lien: The charges that are transferred in a storage goods transfer are referred to as lessor’s lien. These charges are considered as prior charges in the calculations if a waiver for the lessor’s lien is not provided. In such case, the portion of the transfer, relevant to the prior charge, must be blocked by a portion restriction.
For example, if the collateral giver has only rented the rooms in which assets are stored, then the collateral material transferred through rent could be charged by the lessor’s lien. This charge stands cancelled by obtaining a waiver from the lesser.
● Liability of accessories: The charges (such as heavy machinery), that are transferred in a land charge are referred to as liability of accessories. The creditor (collateral giver) can issue a waiver in favor of the collateral taker, to use the accessories as part of the land charge. If this waiver is not obtained, the value of the accessories can be considered as a prior charge in calculations. In such case, the portion of the transfer, relevant to the prior charge, must be blocked by a portion restriction.
● Assignment of accounts receivables from sale: Indicates if the receivables resulting from the sale of goods or vehicles from the storage transfer, are also assigned to the bank as collateral.
● Stock details:You can specify if an additional receivable can be served by the transfer and if a minimum stock amount must be maintained for the transfer.
You can create collateral agreement types to support additional business requirements:
· Individual transfer: In the individual transfer an asset is transferred to the creditor by recording the type, class, quantity, weight, mark, code number or other exact description
· Transfer of goods: In such a transfer, a transfer agreement is made on the goods that are part of an inventory. During the validity period of the agreement, the inventory or stock levels of the goods can change. Special collateral agreements must be made to accommodate the fluctuations in value of an inventory.
¡ Minimum stock agreement: The value of the stock must be maintained at the levels agreed upon in the transfer agreement for the goods.
¡ Additional obligation: If the value of the stock falls below the levels agreed in the transfer agreement, the changed value is treated as an additional receivable.
· Storage/warehouse transfer: This transfer agreement is used when maintaining an inventory is a tedious task. Therefore, the storage location of the goods to be collateralized is determined using a location map and all the goods within this location are treated as collateral.
Structure
In the Specific tab page, you can maintain transfer specific details in the following sections:
Classification
In this section, you can specify if the transfer is a leasing transaction or a lessor’s lein. For a storage transfer, you can specify if the amount from receivables from sale must be included and if a liability exists on accessories.
If a liability on accessories exist, these will be treated as prior or external charges.
Stock Data
If the transfer is a storage transfer, then you can specify the minimum stock value and if it is possible to take an additional receivable on the stock.
A transfer has a structure similar to that of any other collateral agreement. For details on collateral agreement structure, see
Example
You can create a collateral agreement transfer for the following assets:
goods (such as tables, chairs and computers)
machines
automobiles
inventory (such as raw materials, finished goods and semi-finished goods)
· other valuables (such as containers, ships, aircrafts, animals, mobile houses, wind farms, and software ).