The Limit validation on Corporate Preference allows bank user to maintain the Limit validation conditions for corporate before processing the files in application.

The bank user can enable or disable the limit validation check by selecting the check box at Limits step while setting up the corporate preference. This Limit Validations are defined for various dynamic conditions across Financial or Non -financial transactions for the corporate.

User can define the preferred limit currency while setting up the limit check precondition, so that system will convert and execute limit validation as per preferred currency specified.

Amount limit validations can be defined based on Limit test to see that the value does not exceed a predetermined limit. The check includes Maximum File Limit, Record Limit & Maximum Amount per day. This check is applicable only for Financial Transaction.

Application allows user to define Count Limit’s condition that performs Record Test. Count limits can be defined for both financial and non-financial transactions. The check includes Maximum Records per File,Maximum Records per Day &Maximum Files per Day

Depending upon the Limit Validation conditions maintain for the corporate, the file will be processed. If any of the predefined limit condition is failed, then the application will stop file processing and will display the error reason for actual failure.