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    • About BackOffice user guide
    • About Tuum BackOffice
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  • Accounts guide
    • About accounts
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      • Currency account
        • Create currency account without application
          • Currency account parameters
        • Create currency account with application
          • Account application parameters
        • Find and confirm account application
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          • Standard
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      • Internal account
        • Create internal account
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    • Search accounts
    • Account view page
    • Account parameter rule
      • Account parameter rule parameters
      • Create account with parameter rule
    • Account price list
      • Create price lists
        • Set up a generic price list
        • Set up a non-generic price list
      • Create prices for price lists
        • Create prices for periodic fees
        • Create prices for one-time fees
        • Create prices for transaction fees
          • Prices without tiers
          • Prices with tiers
          • Prices with labels
        • Create special prices
    • Account limits
      • Limits parameters
      • Limits view page
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      • Account class code rule parameters
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      • Access rights parameters
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    • Account interest
      • Interest main settings
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      • Account interest page
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  • account how to guides
    • About account how to guides
    • Account floating interest
      • Applying floating interest
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        • Margin type differences explained
      • Base rate update
    • Changing account type interest method and conditions
      • Change account type interest conditions for all accounts
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        • Create the base rate
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        • Follow up on the outcome of the change
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    • About deposits
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      • Interest main settings
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    • About payments
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        • Add mandate parameters
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        • Create collection parameters
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        • Create loan contract parameters
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        • Loan payout parameters
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        • One-time invoice parameters
        • Credit note parameters
        • Reverse repayment parameters
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      • Loan write-off
        • Write-off parameters
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      • Loan contracts portfolio report parameters
    • Loan repayments with direct debit
      • Mandates
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      • Asset
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      • Collateral agreement
        • Create with asset
        • Create with suretyship
        • Find collateral agreement
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        • Sign collateral agreement
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        • Close collateral agreement
      • Custom fields and lookups
    • Loan privileges
  • loan how to guides
    • About loan how to guides
    • Umbrella loan
      • Umbrella loan example
      • Configure umbrella loan product
      • Create loan contracts
    • Credit line products
      • Configure credit line product
    • Balloon loan
      • Balloon loan example
      • Configure loan product
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      • Loan product setup
      • Manual disbursement
      • Manual fee booking scenario
      • Manual capitalisation
    • Top up loan
      • Define top-up conditions
      • Create new contract version
      • Fill in top-up parameters
    • Change loan end date
      • Define new end period
      • Create new contract version
      • Fill in new end date
    • Set up loan payment holiday
      • Define payment holiday terms
      • Create new contract version
      • Fill in payment holiday terms
  • Base interest rate guide
    • About interest rate management
      • Definitions
      • Process flow
    • Base interest rates
      • Add base rate fixing
      • Approve rate fixing
      • Upload rates
      • Find rate fixings
    • Interest rate cap
      • Add rate cap fixing
      • Approve rate cap fixing
      • Find interest rate cap fixing
    • Configure loan product
    • Find applied base rate
  • loan penalty guide
    • About loan penalty calculations
      • Definitions
    • Penalty calculation principles
    • Set up loan penalty calculation
      • Find loan product configuration
      • Set up penalty grace days and amount
      • Configure penalty for loan components
      • Define penalty rates
    • Floating penalty with interest
      • Manage penalty
    • Find calculated penalties
      • Find penalties from invoices
      • Find penalties from contracts
  • loan campaign guide
    • About loan campaigns
    • Create loan campaign
      • Set up loan campaign
      • Apply campaign to product
    • Manage loan campaign
      • Create application/offer with campaign code
      • Find applied campaigns
      • Update and copy campaigns
      • Disconnect loan product from campaign
  • cards guide
    • About cards
      • Definitions
    • Add BIN
    • Card price lists
      • Manage card price list
        • Price list parameters
      • Price list prices
        • New price list price parameters
      • Tiered prices
        • Assign counting and summing groups to transaction fee type in price list
          • Counting and summing group assignment parameters
        • Assigning counting and summing groups for transaction types
        • Aspects to consider
      • Fee types
      • Transaction types
      • Fee caps
        • Fee cap parameters
    • Create card products
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      • PAN settings
      • Product price lists
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      • MCC settings
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      • Card level default limits
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      • Completing card product creation
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      • Change card product status
    • Create credit products
      • General conditions
      • Product price lists
      • Interest conditions
      • Penalty conditions
      • Transaction setup
      • Repayment conditions
      • Disbursement conditions
      • Debt conditions
      • Invoice conditions
      • Receivable formation rules
      • Receivable line rules
      • Complete credit product creation
    • Create instalment plans
      • Create an instalment plan type
        • Instalment plan type parameters
      • Create an instalment plan
      • Manage instalment plan
      • Change interest rate
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      • Search cards
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        • Ordering plastic card
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        • Create a card application
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        • Create a credit card offer
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      • Search card transactions
      • Cards funds search
      • Batch card operations
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      • Correct interest manually
      • Card contract write-off
        • Create card contract write-off
          • Write-off parameters
        • Search card contract write-offs
        • Reverse card contract write-offs
    • Cards user privileges
  • Card how to guides
    • About card how to guides
    • Card pricing models
      • Pricing with labels and no tiers
      • Pricing with labels and count-based tiers
      • Pricing with labels and amount-based tiers
      • Amount range-based pricing with count threshold
  • Finance guides
    • About finance
      • Definitions
    • Finance reports guide
      • Report on GL balances and turnovers
        • GL balances and turnovers report request parameters
      • Report on GL monthly entries
        • GL monthly entries report request parameters
      • Report on GL contra entries
        • Contra entry report request parameters
      • Journal reports
      • Search and fetch financial entries
        • GL entries search parameters
  • Administration
    • About administration
    • Currency rates
      • Currency reference rates
        • Create a file with currency reference rates
        • Upload a file with currency reference rates
        • Confirm uploaded reference rates
        • View the latest currency reference rates
    • Lookups
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        • Method assignment codes
        • Customer groups
      • Loan group lookup codes
        • Solvency level
        • Loan contract change reason
      • Lookups user privileges
    • Custom fields
      • Create field sets
      • Create fields
      • Manage custom field values
      • Custom fields user privileges
    • Holidays
    • System properties
      • Auth system properties
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  1. Base interest rate guide

Interest rate cap

PreviousFind rate fixingsNextAdd rate cap fixing

Last updated 7 months ago

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The interest rate cap defines the limit of how high the interest rate can be.

Add interest rate cap types

As a first step, you must to the Tuum system by calling the interest rate cap API.

Currently, it is possible to add the interest rate cap type via API only.

The rest of the features supporting the interest rate cap are available through the BackOffice interface. Below you can find more information.

add the interest rate cap types
Add rate cap fixing
Approve rate cap fixing
Find interest rate cap fixing