Limits
Limits are defined by the bank to set up amount and duration based restrictions on the transactions that can be carried out by the user using Digital Banking Platform.

Limits module allows the Bank to control the user’s channel-transaction limits by defining per transaction initiation limits, cumulative limits for a transaction for a day or a month and cooling period limits for newly added payee. As part of the limit package management, defined limits can be mapped to each transaction or to a transaction group. Each package is associated with a specific channel/touch point or with a group of touch points. User can initiate or authorize the transaction as per the limit package associated with the user segment or with a specific user.