Limits Package Management

As part of the limits package definition, the created limits can be mapped to relevant transactions and/or roles.

The limits packages once created can be associated at User Level, PartyA party is any individual or business entity having a banking relationship with the bank. Level and Role Level

Prerequisites:

Required Limits (i.e. Transaction/ Cumulative/ Cooling period) should be defined for association to transactions in limits package

Workflow

Features supported in application

The administrator can perform the following actions:

• Search/ View Limit Package
• Create Limit Package
• Edit Limit Package
• Delete Limit Package

How to reach here:

Administration Dashboard > Limit > Limits Package

Limit Package Management - View

Using this option, System AdministratorAdministrator is a set of individuals that administer the applicant/Affiliate entity. For example, Accountants, Authorized Signatories for organizations, Power of Attorney for individuals. can search for particular limit package based on different search parameters. The search results displays a list or particular limit package based on different search filters selected.

If the search parameters are not specified, records of all the packages maintained in the application are displayed.

To search and view limit package:

• In the Limit Package Management screen, click Search. The Limit Package Management screen with search results appears based on the searched criteria.
  OR
  Click Clear to reset the search parameters.
  OR
  Click Cancel to cancel the search process.
  

Limit Package Management - Search

• Click the Limit Package Code of the record for which you want to view the details. The Limits Package Management - View screen appears.

Limit Package Management - View

• Click Edit to edit the limit package.
  OR
  Click Delete to delete the limit.
  OR
  Click Back to navigate to the previous screen.
  OR
  Click Cancel to cancel the transaction and go back to Dashboard.

Limit Package Management - Create

Using this option, System Administrator can create a limit package based on the details given as per the fields.

To create a limit package:

1. In the Limit Package Management screen, click Create. The Limit Package Management - Create screen appears.

Limit Package Management - Create

• In the Limit Package Code field, enter the code for the limit package.
• In the Limit Package Description field, enter the description of the limit package.
• From Available To Role list, select the appropriate role.
• In the Transaction and Limits section, select the name of the transaction and effective date of the limit package.
• From the Cumulative Limit, Transaction Limit and Cooling Limit lists, select the appropriate limits.
• Click Add Transaction and repeat the steps 5 and 6, if you want to assign limits for more transactions.
• Click Save to save the limit package.
  OR
  Click Cancel to cancel the transaction.
• The Confirm screen appears. Verify the details, and click Confirm.
  OR
  Click Edit to modify the details.
  The user will be navigated back to the create screen.
  OR
  Click Cancel to cancel the transaction.
• The success message of transaction submission appears.
  Click OK to complete the transaction.

Note: You can click to delete a transaction or cooling limit of a transaction.

Limit Package Management - Edit

Using this option, System Administrator can update or edit a limit package.

To edit a limit package:

1. In the Limit Package Management screen, click Search . The Limits Package Management screen with search results appears based on the searched criteria.
   OR
   Click Clear to reset the search parameters.
   OR
   Click Cancel to cancel the search process.

• Click the Limit Package Code of the record for which you want to view the details. The Limits Management-View screen appears.

3. Click Edit. The Limit Package Management - Edit screen appears.

4. Edit the required details, e.g. cumulative and/ or transaction and/ or cooling limit.

Note: Click to delete the cooling period limit for the transaction.

5. Click Add Transaction , if you want to add a new transaction.
   
6. Click Update to save the changes made to the limit package.
   OR
   Click Cancel to cancel the transaction.
7. The Confirm screen appears. Verify the details, and click Confirm.
   OR
   Click Edit to modify the details.
   OR
   Click Cancel to cancel the transaction.
8. The success message of transaction submission appears.
   Click OK to complete the transaction.

Limit Package Management - Delete

Using this option, System Administrator can delete a limit package.

To delete a limit package:

1. In the Limit Package Management screen, click Search. The Limits Package Management screen with search results appears based on the searched criteria.
   
   OR
   
   Click Clear to reset the search parameters.
   
   OR
   
   Click Cancel to cancel the search process.

• Click the Limit Package Code of the record for which you want to view the details. The Limits Package Management-View screen appears.

3. Click Delete. The Delete Warning message appears.

4. Click Confirm to confirm the deletion.
   OR
   Click Cancel to cancel the deletion process.
5. The success message of transaction submission appears.
   Click OK to complete the transaction.

FAQs

Can I delete transaction and/ or cumulative limits against a transaction in limit package?

No, existing limits against a transaction cannot be deleted; it can only be edited if effective date is starting from a future date.

Am unable to delete a limit through limit maintenance?

There is a possibility that the limit that you are trying to delete is associated in the limit package against a transaction(s).

Am unable to delete limits package through limit maintenance?

There is a possibility that the limit package that you are trying to delete is associated at any of the entities i.e. User / Party / Role level.

As part of edit, what can I update in the limits package maintenance?

You can edit the transaction and/ or cumulative limits against the transaction.
You can delete the transaction(s) from the limits package and/or you can also add new transaction(s) as part of the limits package?

What is the significance of ‘Available to Roles’ in Limits package?

The roles defined in Limits package will make the package available to the users of that role only.

Have created/ edited/ deleted Limits and/ or Limits package but it is not reflecting in the system even after a successful maintenance save message?

There is a possibility that the maintenance is saved but the status is ‘Pending Approval’.
For the maintenance, if there is an approval required then the changes will reflect only once the approver(s) approve the submitted request.
If the setup does not require an approval workflow or is self / auto approved, then the same will reflect immediately.

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