Payee Restriction Setup

Bank customers add payees or beneficiaries to transfer funds from one account to another. Bank can limit the number of payees that can be added by the retail user in a day.

Payee Restriction set up maintenance allows the 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. to restrict the number of payees that a retail user can create for each payment network per day.

System Administrator can also restrict the total number of payees irrespective of payment network that the retail user can create per day.

Payee restriction setup can be done for a User type and also for a User type and Segment combination.

Prerequisites:

• Transaction access is provided to System Administrator
• Approval rule set up for System Administrator to perform the actions

Features supported in Application

Payee Restriction Setup maintenance is created only once at the 'Day 1' configuration by the System Administrator. However it can later be viewed and modified.

This option allows an administrator to:

• Create Payee Restriction Maintenance
• View Existing Maintenance
• Edit Maintenance

Workflow

How to reach here:

System Administration Dashboard > Payments > Payee Restrictions
OR
System/ Bank Administration Dashboard > Toggle Menu > Payments > Payee Restrictions

Payee Restriction Setup - View

Using this option, administrator can search for particular payee restriction set up based on different search parameters. The search results displays a payee restriction set up based on search filters selected.

System displays the payee restriction set up for the search criteria entered. When System Administrator user is accessing Payee Restriction Set-up for the very first time, the limit set up for payment network type is defaulted to ‘No’.

To view payee restriction setup:

• From the User Type list, select the appropriate user whose payee restriction setup to be viewed.
• From the User Segment list, select the appropriate name of segment whose payee restriction setup to be viewed.
• Click View. The Payee Restriction Setup screen with payee restriction setup appears.
  OR
  Click Cancel to cancel the process.
  

Payee Restriction Setup

Payee Restriction Setup

• Click Edit to edit the payee restriction set up.
  The Payee Restriction Set-up-Edit screen with values in editable form appears.
  OR
  Click Cancel to cancel the operation and navigate back to ‘Dashboard’.

Payee Restriction Setup - Edit

System Administrator can modify existing payee restriction maintenance.

Using this option, System Administrator can edit the payee restriction option for a specific payment network. Also an edit is permitted on number of payees per payment network and for cumulative combined limit irrespective of payment network.

To edit a payee restriction setup:

1. Click Edit. The Payee Restriction Setup - Edit screen appears.

2. In the Cumulative Payee Restriction/ Account Payee - Payee Restriction/ Draft Payee - Payee Restriction field, select the appropriate option.
1. If user select Yes option:
1. Edit the values in Total number of Payees permitted per day field.
   OR
   Click or to edit the values.
2. If user select No option:
1. Fields Total Number of payees per day and Payees per day are not displayed for respective payment type.
   
3. Select the transactions whose details you want to edit.
4. Click Save to save the changes made to the payee restriction set up. The message box informing that the changes will be effective next day appears.
   OR
   Click Cancel to cancel the operation and navigate back to ‘Dashboard’.
   OR
   Click Back to navigate back to previous screen.
5. The Payee Restriction Set-up – Edit – Review screen appears. Verify the details, and click Confirm.
   OR
   Click Cancel to cancel the operation.
   The success message of Payee Restriction Set-up – Edit appears along with the transaction reference number.
   OR
   Click Back to navigate back to previous screen.
6. Click OK to complete the transaction and navigate back to ‘Dashboard’.

Payee Restriction Setup - Create

System Administrator can setup Payee Restriction at the 'Day 1' configuration for a user type or a user type and user segment combination.

Using this option, System Administrator can setup payee restriction for a specific payment network. Administrator can also define permitted number of payees per payment network along with the cumulative combined limit for the number of payees irrespective of payment network.

To create payee restriction setup:

1. From User Type list, select appropriate user for whom payee restriction setup is to be done.
2. From the User Segment list, select appropriate user segment for whom payee restriction setup is to be done.
3. Click View. The popup message of Payee Restriction Setup for the selected segment not done appears.

4. Click Set Up Now to create Payee Restriction Setup. Payee Restriction Setup - Create screen appears.
   OR
   Click Cancel to cancel the operation.
   OR
   Click Back to navigate back to previous screen.
   

5. In the Cumulative Payee Restriction/ Account Payee - Payee Restriction/ Draft Payee - Payee Restriction field, select the appropriate option.
1. If user select Yes option:
1. Edit the values in Total number of Payees permitted per day or Payees Per Day field.
   OR
   Click or to increase or decrease the values.
2. If user select No option:
1. Fields Total Number of payees per day and Payees per day are not displayed for respective payment type.
   
   
6. Select the transactions whose details you want to define.
7. Click Save to save the changes made to the payee restriction set up. The message box informing that the changes will be effective next day appears.
   OR
   Click Cancel to cancel the operation and navigate back to ‘Dashboard’.
   OR
   Click Back to navigate back to previous screen.
8. The Payee Restriction Set-up – Review screen appears. Verify the details, and click Confirm.
   OR
   Click Cancel to cancel the operation.
   The success message of Payee Restriction Set up creation appears along with the transaction reference number.
   OR
   Click Back to navigate back to previous screen.
9. Click OK to complete the transaction and navigate back to ‘Dashboard’.

FAQs

Will edited maintenance be applicable from immediate effect?

No, edited maintenance will be applicable from next calendar date.

What happens if the user’s cumulative payee limit for a day is fully utilized but network for which he is creating a payee is available?

System will first check the availability of cumulative payee limit. If available, will check network level payee availability limit. If both the conditions are met, user is allowed to create a payee.

Is this maintenance is also applicable for corporate type of users?

No, currently this maintenance is applicable only to Retail Users.

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