Fee caps

You have the option to set a fee cap for card products. A fee cap is the maximum amount of fees that the financial institution can charge to the customer over a defined period of time. Once the fee cap is reached, fee bookings are not allowed. Keep in mind that if the upcoming fee to be booked is higher than the fee cap remaining balance, then only the amount left to reach the fee cap is booked. The rest of the balance is stored as an unbooked balance.

Create fee cap

To add a new fee cap, go to:

1. Cards > Settings > Fee caps.

2. On the Fee caps page, click the Add new fee cap button.

1. Fill in the fee cap settings.

Search fee caps

Find the lis of existing fee caps:

• Cards > Settings > Fee caps.

Edit fee caps

You can modify existing fee caps:

1. Cards > Settings > Fee caps.

2. Select the fee cap in question and click the edit icon . You can modify the following settings:

   • Calculation rule,

   • Amount,

   • Organization unit.

Map fees to fee cap

Once you create a price list and define the prices, you can map the fees to a fee cap:

1. Go to the price list for which you want to map the fees.

2. Click on the Map fees to fee cap.

3. Select the Fee cap code and the fee types you want to cap.

The following screenshot shows the Map fees to fee cap window: