15.1 Create Transaction and Balance Limits

This topic describes the systematic instructions to maintain the number and amount of transactions allowed for the restriction IDs linked to the Limit Rule ID.

Specify User ID and Password, and login to Home screen.
  1. On Home screen, click Virtual Account Management. Under Virtual Account Management, click Configuration.
  2. Under Configuration, click Transaction and Balance Limits. Under Transaction and Balance Limits, click Create Transaction and Balance Limits.
    The Create Transaction and Balance Limits screen displays. There are two Separate tabs for transactions Restrictions and Balance Restrictions. By default, Transaction Restrictions displayed.
    Description of create-transaction-and-balance-limits.png follows
    Description of the illustration create-transaction-and-balance-limits.png

  3. Specify the fields on Create Transaction and Balance Limits- Transaction Restrictions screen.

    Figure 15-1 Create Transaction and Balance Limits-Transaction Restrictions


    Description of Figure 15-1 follows
    Description of "Figure 15-1 Create Transaction and Balance Limits-Transaction Restrictions"

    Note:

    The fields marked as Required are mandatory.
    For more information on fields, refer to the field description table.

    Table 15-1 Create Transaction and Balance Limits – Transactions Restrictions Field Description

    Field Description
    Limit Code Specify the unique identifier for the transaction limit.
    Limit Code Description Specify the description for the transaction limit code.
    Limit Rule Click Search icon to view and select the limit rule.
    Limit Rule Description Displays the description of the selected limit rule.
    Number of Transactions Allowed Specify the number of transactions allowed for specific period.
  4. Click Balance Restrictions to view the Balance limits.

    Figure 15-2 Create Transaction and Balance Limits- Balance Restrictions


    Description of Figure 15-2 follows
    Description of "Figure 15-2 Create Transaction and Balance Limits- Balance Restrictions"

  5. Specify the fields on Create Transaction and Balance Limits- Balance Restrictions screen.

    Note:

    The fields marked as Required are mandatory.
    For more information on fields, refer to the field description table.

    Table 15-2 Create Transaction and Balance Limits – Balance Restrictions Field Description

    Field Description
    Currency Click Search icon to view and select the Currency.
    Maximum Allowed Balance Specify the maximum allowed balance for the specific currency.
  6. Click Save to save the details.
    The user can view the configured transaction limits in the View Transaction and Balance Limits.
  7. Click Cancel to close the details without saving.

Note:

  • If a restriction ID is added to a limit rule, then the same needs to be added in the transaction limits maintained for the transaction rule manually, if required.
  • If a restriction ID needs to be deleted from a limit rule, then the same needs to be deleted first from all the transaction limits maintained for the transaction rule manually.
  • If a limit code is modified, the changes will be effective from the modification date onwards.

Parent topic: Transaction and Balance Limits