2.3.1 Account Limit Details

This topic provides the systematic instructions to update the overdraft limit requested by the customer.

The Account Limit Details allows to update the overdraft limit requested by the customer.

To add account limit details:

1. On acquiring the Overdraft Limit Details task, the Account Limit Details data segment appears.

   The Account Limit Details screen displays.

   Figure 2-21 Account Limit Details

   
   

   
   Description of "Figure 2-21 Account Limit Details "

   
   
2. Click Add Overdraft to capture the overdraft limits.
3. Specify the details in the relevant data fields. For more information on fields, refer to the field description table below.

   Table 2-20 Account Limit Details – Field Description

   Field	Description
   Limit Type	Select the limit type from the drop-down list. Note: System defaults the same limit type for the subsequent overdraft details added.
   Branch	Specify the branch code where the account limit is configured.
   Linkage Reference	Select the linkage reference number from the dropdown list.
   OD Limit Amount	Select the currency and specify the overdraft limit amount for the account.
   Date Range	Select the date range within when the account limit is valid.
   Available Linkage Amount	Specify the available linkage amount of the collateral.
   Linked Amount	Select the currency and specify the linked amount.
   Linkage Currency	Displays the linkage currency.
   Rate Type	Displays the rate type as per the limit type is selected. The available options are: Fixed Floating
   Rate Code	Displays the rate code. Note: This field displays if the Rate Type is selected as Floating.
   Base Rate	Displays the base rate. Note: This field displays if the Rate Type is selected as Floating.
   Rate of Interest	Displays the rate of interest. Note: This field displays if the Rate Type is selected as Fixed.
   Variance	Specify the variance. Note: This field displays if the Rate Type is selected as Fixed.
   Margin	Specify the margin. Note: This field displays if the Rate Type is selected as Floating.
   Final Rate	Displays the effective rate calculated and based on the below parameters: Rate Value and the Margin for floating rate type. Rate of Interest and the Variance for fixed rate type.

4. Click Add Overdraft to capture the multiple overdraft limits.
   OR

   Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate all mandatory data segments and data fields. If mandatory details are not provided, the system displays an error message for the user to take action. User will not be able to proceed to the next data segment, without capturing the mandatory data.