Limits
Overview
Limits define the amount and the number of transactions allowed for the Client. The limitations depend on a Verification level set for the end-user; therefore, a Client increases their limits by means of improving their Verification level and providing additional identification documents.
The Limits tab provides the list of all limitations applied to end-users.
Related pages
Opening the item
Follow the steps below to access a Limit created:
Navigate to the Admin Panel;
Click Banking on the left sidebar;
Go to the Limits menu item to open the Limits List.
Click Show or Edit in the line of a Limit to open the limitation details.
How to create a Limit
To create a Limit
Navigate to the Limits tab.
Click Add New in the top-right corner.
Select a Client Verification Level to set the Limit for (see Identification requests for details).
Select a Client Type.
Type in the Limit name in the Name field.
Add a description in the Description field.
The Limit status is Active by default. Disable the limit if you do not need it active once it is created.
Click Add New to add a threshold for transactions or transfers.
Fill in the Thresholds details (See the Configuring the component section for parameters required for threshold configuration).
Click Create to confirm the Limit initiation.
The created Limit is assigned to clients automatically depending on their verification level. The verification levels correlate with the Client identification stage:
Level 1 (email verified).
Level 2 (email and phone number verified).
Level 3 (email, phone number, and documents verified - the level is manually applied to a Client).
Level 4 (email, phone number, and documents verified, the questionnaire is complete - the level is manually applied to a Client).
Level 5 (custom requirements that can be used to extend the limits provided).
To delete a threshold
Navigate to the Limits tab.
Select a Limit for configuration and click Edit.
Select a chechbox in the Delete column to specify which threshold is to be removed. The selected threshold will be visible in the list until confirmation.
Click Update to confirm the changes.
To delete a Limit
Navigate to the Limits tab.
Select a Limit for configuration and click Edit.
Click Delete in the bottom sidebar to remove the whole configuration.
Component parameters
Parameter | Description |
|---|---|
Client Verification Level | The column demonstrates the level names created previously. |
Client Type | The column defines whether a Level is applied to a Private Person or a Company. |
Name | The column includes names set for the Levels in the list. |
Status | The column shows whether a Limit is Active or Disabled. The Limit status can be changed in the Edit mode. |
Created at | Date and time of creation. |
Action |
|
Checkboxes | The parameters are used for Limit deletion. Select the limit or All Elements checkbox and click Ok to delete the selected elements. |
Download | The list of Limits is available for download; choose the export format type and click Download to get the list in the correspondent file type. |
Add new | Create a Limit manually, see the following sections for details. |
Configuring the component
Limit details is the main panel of limit information display and editing. The Details include the same information fields as the fields used in the Limit Creation.
Parameter | Description |
|---|---|
Client Verification Level | Defines the Client verification level the limit is applied to. The verification levels correlate with the Client identification stage (not available for editing):
|
Client Type | Defines whether the limit is applied to a Private Person or a Company. |
Name | The Limit name set while creation. Available for editing. |
Description | The Limit description used for internal details. |
Status | Defines whether the limit is Active or Disabled. Any disabled Limit is available for activation. |
Thresholds | The key information on the Limit defining the constraints applied to Clients of the defined Verification Level.
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