1. US CHIPS User Guide
  2. US CHIPS Processing
  3. Outbound Processing
  4. Authorization Limit Checks

Authorization Limit Checks

Authorization Limit currency and Limit 1 and 2 amount values at the Source Network Preference is referred for the Host code, Source code, Network code and Transaction Type as “Outgoing”.

If values are maintained, then
  • If Limit currency is same as transfer currency, then the transfer amount of the transaction is compared against the Authorization Limit 1 and Authorization Limit 2 amount respectively. If the transfer amount is more than the limit amount, then the transaction is moved to Authorization Limit 1 Queue (PQDAU1QU) and Authorization Limit 1 Queue (PQDAU1QU) respectively.
  • If Limit currency is different from transfer currency, then the transfer amount is converted to limit amount using STANDARD MID rate. The converted transfer amount is compared against the Authorization Limit 1 Authorization Limit 2 amount respectively. If the transfer amount is more than the limit amount, then the transaction is moved to Authorization Limit 1 Queue (PQDAU1QU) and Authorization Limit 2 Queue (PQDAU2QU) respectively.

If the Authorization Limit check is done on booking date, it is not repeated on Value date processing.

Parent topic: Outbound Processing