Fee cap parameters
Fee cap code
Text/Number
Enter a name for the fee cap.
Calculation rule
List
Select one of the following rules to calculate the fee cap:
FIX - The fee is fixed to an amount.
PERCENT - The fee is calculated as a percentage of the credit limit.
FIX_PERCENT - The fee is calculated according to whichever occurs first, the fixed amount is reached or the percentage.
Amount and currency
Number and list
Enter the amount and select the currency from the drop-down menu.
Note: This field is disabled if you select Percent as the calculation rule. But you must select the currency.
Rate
Number
Enter the percentage rate. This field is displayed only if you select the calculation rule as Percent or Fix_Percent.
Interval type
Text
YEARLY is the default value and this field is non-editable.
Interval
Number
The interval is set for 1 year.
Organisation unit
List
Select the tenant code.
Last updated
Was this helpful?