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How do the approval limits work in Online?

Each individual user who can approve payments can be set up to approve either all or a combination of these types of payments

  • Inter Account Transfers
  • Faster Payments
  • CHAPS 
  • International payments
  • Withdrawal Notices (can only be selected where notice accounts are held)

Separate limits can then be set for the users depending on how the types of payments are entered

  • Free format
  • From a saved payee
  • Uploaded into the system

These limits can be specified as unrestricted, where the user can approve up to this limit on their own, or dual approval, where a second user is required to review the payment before it is sent for processing.

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