The lock settings locks out even people with the right rank to override bin settings
-can open it (with the ability to override permissions)
-cannot pick it up (due to not being able to override the lock settings)
-The actual clan leader can override this, but people with the same rank settings need to be able to do it as well
-If a bin's lock permissions are set to tribe you can pick the bin up - however if bins inside of it have lock settings at private, you can have the bin as your backpack but not be able to pull the bins out of the backpack that have private lock settings - this needs to be addressed as well.
I don't think this is intentional, I hope it's not because the clan leader can't be on 24/7, our members need to be able to get things done - especially if they share the same settings as the clan leader.
I assume this will require another option in the rank settings to show what rank level can override lock settings.