15.2.3 Approval Rules - Retail & Business User
This function will enable the Bank Administrator to set up conditions for approval as per the business requirements. A rule can be set up for financial, non-financial, and non-account financial transactions and for maintenance. Flexibility is provided to define approval rules with conditions stating that a ‘specific transaction’, if initiated by a ‘specific user/ user group/All users’, has to be approved by a ‘specific approver/approver group’ along with other attributes like amount range etc.