The Maximum Commission Amount for a commission refers to the maximum amount that can be applied on a contract involving this Rule ID. If the commission calculated for a contract using this Rule ID exceeds this amount, the Maximum Commission Amount that you specify, will be applied instead of the amount calculated using the fixed rate. Thus, you can fix the maximum amount that can be charged on a contract that your bank processes.

You can indicate the Maximum and Minimum Commission Amounts only if the Rate Type is ‘Fixed Rate’. You cannot indicate these in case of a ‘Flat’ Rate.