When Dynamic Watermark is enabled in your data room, the checkbox to Disable watermark for Excel files is selected by default.

When this checkbox is selected, when guests download Excel files in your data room, the files will always be downloaded in the original file format (i.e. .xls or xlsx). This will allow your guests to edit the file.

❗ Note: When this checkbox is selected, it will override the Download (PDF) permission any guests may have. When these guests download Excel files from your data room, the downloaded file will be in the original Excel file format.

You can select this checkbox when creating a data room, if Dynamic Watermark is set to "On".

Alternatively, if you already have an existing data room, you can select this checkbox in the data room settings.

Step 1: Enter your data room. Click on Settings in the top-right corner.

Step 2: Under Dynamic Watermark, ensure that it is set to "On". Select the checkbox for Disable watermark for Excel files.

Step 3: Once done, click on the Save button.

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