10.1 Create Account Transaction and Balance Limits

This topic describes the systematic instructions to configure the transaction amount limits at the account level for special cases where the account level transaction limits are different from that attached at an account product level.

If the transaction limits are maintained for the specific virtual account, it will take precedence over the transaction limits maintained at an account product level.

Specify User ID and Password, and login to Home screen.

1. On Home screen, click Virtual Account Management. Under Virtual Account Management, click Accounts.
2. Under Accounts, click Account Transaction Limits. Under Account Transaction Limits, click Create Account Transaction and Balance Limits.
   The Create Account Transaction and Balance Limits screen displays.

   Figure 10-1 Create Account Transaction and Balance Limits- Transaction Restrictions

   
   

   
   Description of "Figure 10-1 Create Account Transaction and Balance Limits- Transaction Restrictions"

   
   

   Figure 10-2 Create Account Transaction and Balance Limits - Balance Restrictions

   
   

   
   Description of "Figure 10-2 Create Account Transaction and Balance Limits - Balance Restrictions"

   
   
3. Specify the fields on Create Account Transaction Limits screen.

   Note:

   The fields marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 10-1 Create Account Transaction and Balance Limits – Field Description

   Field	Description
   Virtual Account Number	Click Search icon to view and select the account number for which a specific transaction limit needs to be maintained.
   Virtual Account Name	Displays the name of the selected Virtual account.
   Transaction Limit Restrictions	Displays the following fields to attach the transaction limits for the selected virtual account.
   Limit Code	Displays the limit code maintained at the product level for the selected Virtual Account.
   Description	Displays the description of the selected limit code.
   Transaction Restrictions	Displays the following fields, if Transaction Restrictions is selected.
   Restriction ID	Displays the Restriction ID(s) maintained for the limit rule attached to the limit code.
   Description	Displays the description of the specific Restriction ID.
   Number of Transaction Allowed	Specify the number of transactions allowed for the specific Restriction ID(s). By default, the system displays the value maintained at the product level.
   Currency	Displays the currency details
   Allowed Amount	Displays the Amount allowed for the Specific restriction.
   Balance Restrictions	Displays the following fields, if Balance Restrictions is selected.
   Currency	Displays the currency details Note:This field will be displayed only Balance restrictions is selected
   Allowed Amount	Displays the balance amount allowed for the restriction ID for the specific period based on customer account product or account level if maintained. Note:This field will be displayed only Balance restrictions is selected
   Utilization	Displays the following fields to view the current transaction limit utilization for the Virtual Account.
   Restriction ID	Displays the restriction ID(s) applicable for the virtual account.
   Start Date	Displays the start date of the current restriction period. This is based on period configured for the respective restriction ID in the limit rule.
   End Date	Displays the end date of the current restriction period. This is based on period configured for the respective restriction ID in the limit rule.
   Number of Transaction Allowed	Displays the number of transactions allowed for the specific restriction ID and period.
   Utilized Count	Displays the current utilization of transaction limit for the specific restriction ID and period.
   Available Count	Displays the available transaction limit for the specific restriction ID and period.
   Allowed Amount Count	Displays the amount allowed for the restriction ID for the specific period based on customer account product or account level if maintained.
   Utilized Amount Count	Displays the current utilized of amount for the specific restriction ID and period.
   Available Amount	Displays the available amount for the specific restriction ID and period.

4. Click Save to save the details.
   The user can view the configured account transaction limits in the View Account Transaction and Balance Limits.
5. Click Cancel to close the details without saving.