Bank can put restrictions on the transactions initiated by customers from channel. Bank applies different type of limits on different transactions. These limits may vary depending on user / customer type.
There are different types of limits which are:
Limits function allows a retail user to view the daily limits assigned by Bank and utilized by the user for various transactions. User can also edit and reduce cumulative transaction amount limit offered by the bank for individual transaction. The user can also reduce the maximum transaction count limit offered by the bank for individual transaction.
Further modification of limits will be allowed up to the limits offered by Bank for each transaction. Updated limits will be applicable from next calendar day.
Pre-requisites
User must have an active CASA / Demand Draft relationship with Bank
Features supported in Application
How to reach here:
Dashboard > Toggle Menu > Limits
Logged in Retail user can view the transaction limits offered by the bank for each transaction using this option.
Daily Limits
Field Name |
Description |
---|---|
Transaction |
Name of the transaction for which user limits are displayed. |
Per Transaction limit Transaction initiation limits allocated to you at user level and customer level. |
|
Minimum Amount |
The per transaction limit - minimum amount. |
Maximum Amount |
The per transaction limit - maximum amount. |
Cumulative Daily Limit |
|
Count |
The cumulative daily count, for the transaction. This is represented in a line graph - with a (colored) utilized amount (numeric figure below it) and the last point of the line is the Max allocated by the Bank (numeric figure below it). |
Amount |
The cumulative daily amount for the transaction. This is represented in a line graph - with a (colored) Utilized Amount (numeric figure below it) and the last point of the line is the Max allocated by the Bank (numeric figure below it). |
Logged in Retail user can edit the transaction limits offered by the bank for each transaction using this option. User can also reset to Bank limits, to restore the bank’s limits for the transaction.
To edit the daily limits:
Daily Limits - Edit
Field Name |
Description |
---|---|
Transaction |
Name of the transaction for which user limits are displayed. |
Per Transaction limit Transaction initiation limits allocated to you. |
|
Minimum Amount |
The per transaction limit - minimum amount. |
Maximum Amount |
The per transaction limit - maximum amount. |
Cumulative Daily Limit |
|
Count |
The cumulative daily count, for the transaction. This is represented in a line graph - with a (colored) utilized amount (numeric figure below it) and the last point of the line is the Max allocated by the Bank (numeric figure below it). |
Amount |
The cumulative daily amount for the transaction. This is represented in a line graph - with a (colored) Utilized Amount (numeric figure below it) and the last point of the line is the Max allocated by the Bank (numeric figure below it). |
Click
to cancel the updates.Click
OR
Click to cancel the operation and to go back to previous screen.
OR
Click to cancel the operation and navigate back to ‘Dashboard’.
FAQs