Editing Limits 

Use

On the Limits tab page you can edit amounts for different limit categories for a particular account.

Particular limit categories are assigned to each contract based on the product. Limit categories are preset by the system and have particular functions.

The following limit categories are assigned to account products:

·        Granted overdraft limit (standard limit category BCA010)

·        Tolerated overdraft limit (standard limit category BCA020)

Procedure

·        In the Granted Credit Limit group frame, enter the limit amount over which the account holder can withdraw in addition to the credit balance and that is agreed with or notified to him/her.

·        In the Tolerated Overdraft Limit group frame, enter the limit amount over which the account holder can withdraw in addition to the credit balance and, if available, to the granted credit limit. This amount is not notified to the account holder.

Limit amounts can be changed retrospectively up to the date after the last account settlement.

For more information on limits, see Limits.