Limits and behaviour - commercial

Here's how limits work and what to expect when you configure them:

• Dollar value limits set the maximum amount for a transaction or combined transactions within a period. A $100 weekly limit allows one $100 transaction or multiple transactions totalling no more than $100.
• Transaction count limits set the maximum number of transactions of a given type within a period. A limit of 25 per week means a maximum of 25 transactions that week, regardless of dollar value.
• Limits reset on a calendar schedule. For example, the first day of the week or the first of the month.
• Limits apply at the permission group level. Every user in the group shares the same limit values.
• Setting a limit at the Top Level cascades it to all Sub Level transactions within that group. The effective total becomes the sum of all sub-level limits, which may be higher than expected.
• For currency conversions, all limits are evaluated in CAD. A USD transfer is converted using the bank's daily rate before the limit is checked. If the converted amount exceeds the limit, the transaction won't be created.
• The exchange rate is locked at the time of transaction creation and is not rechecked after that point.

Cascade behaviour

Cascade behaviour means a limit set on a top-level transaction applies to every sub-transaction within it. For example, a $100 limit on Create Transfers applies $100 to each sub-transaction (Transfer between accounts and Transfer to another member), making the effective total $200, not $100.

Tip: This simplifies limit management, but the combined total may be higher than expected. Sub-level transactions can't be individually overridden.