Client Daily limits

The accelerating pace of payments and the introduction of solutions such as the New Payments Platform (NPP) has revolutionised the way consumers manage their finances, making the transfer of funds faster and instant.

With these new self-manage tools used daily by consumers comes greater risk of fraud. The Client Daily Limits software solution comes with enhanced security measures that serve as an additional safeguard to offset such risk exposures.

Managed within the Ultracs core banking platform, the Client Daily Limits provides consumers with more control over payments, and enables organisations to set daily transaction limits for their customers;

Respond to the accelerated pace of payments

Set daily limits by transaction type for personal or business clients

Set default on global limits with the ability to set specific limits for every customer as needed

Set daily transaction limits

Supports all existing account transaction types

Real-time record keeping

Notifications ensuring customers are notified of updates to their daily transaction limits

Temporarily set different limits for specific clients with automatic expiry