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.
