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.
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.
To add a new fee cap, go to:
Cards > Settings > Fee caps.
On the Fee caps page, click the Add new fee cap button.
Fill in the fee cap settings.
Find the lis of existing fee caps:
Cards > Settings > Fee caps.
You can modify existing fee caps:
Cards > Settings > Fee caps.
Calculation rule,
Amount,
Organization unit.
Go to the price list for which you want to map the fees.
Click on the Map fees to fee cap.
Select the Fee cap code and the fee types you want to cap.
The following screenshot shows the Map fees to fee cap window:
Select the fee cap in question and click the edit icon . You can modify the following settings:
Once you and , you can map the fees to a fee cap:
