Manage Limits
Limit information highlights the specific restrictions or caps imposed on certain account activities or transactions. Common types of limits that may be placed on accounts are transaction limits, withdrawal limits, transfer limits, and spending limits.
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Update the limit conditions of the account with the secondary limit amount and other limit details
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Retrieves the currency, balances, limit details and arrangement details of the account
Posting Restriction
Banks employ posting restrictions to regulate transactions in deposits. Posting restrictions are transaction-based controls, that prevent transactions from being posted for the purpose of operational control. A typical business case in which a bank applies a posting restriction to control credits is for non-resident accounts, where there could be restrictions against the deposit of local currency amounts into the deposit.
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Update the account conditions of the term deposit such as alternate references, posting restrictions, etc
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Update the account conditions of the term deposit such as alternate references, posting restrictions, etc