Account Level Rules

This screen will display the Entity/Customer that you selected from the Signature Group Maintenance screen.

Signatures are set-up per transaction type. Signatures are also referred to as Rules.

Select a Transaction Type to view the corresponding signature rules (if any exists).
- All amount based: By selecting this option the same rule will apply for all transactions that are based on an amount, for example international transfers, bill payments etc.
- All without amount: By selecting this option the same rule will apply for all transactions that are not based on any amount, for example chequebook order, letter of guarantee etc.
Add New Rule: Click the plus icon to add a new signature rule.
Delete Existing Rule: Click the delete icon to delete a rule.

After selecting the Transaction Type you must specify the following details:

From Amount: Enter the starting amount of the new rule. The system will automatically complete the closing amount.
Signature: A column to present all the available Signature Groups set by the Bank’s Administrators (A, B etc.).
Number of required Signatures: A drop down list with options from 1 to 5. The selected number will correspond to the number of signatures needed to approve this amount of a specific signature group.
Select: This will be a column to select the signature groups that you would like to apply for the selected Transaction Type.
Click Add to apply the signature rule.

Example 1

For International Transfers, an account requires one A approver and one B approver to proceed with a transfer for amounts above 10,000 (to infinity/trillion): Amount = 10,000 / Select = A and B / Quantity = 1 on A and 1 on B (A-B). Therefore, any amounts below 10,000 will not require authentication/approval.

Example 2

Considering the above mentioned rule, if we need to add an additional rule for the International Transfers of the same account with two A, two B and two C approvers for amounts above 1,000,000: Amount = 1,000,000 / Select = A, B and C / Quantity = 2 on A, 2 on B and 2 on C (AA-BB-CC). NOTE: By adding this rule, the closing amount of the Example 1 will change from infinity/trillion to 999,999 (a point below the starting of this rule).

Example 3

Again considering the above rules, if we need to add a rule for the International Transfers of the same account with one A or B or C approvers for amounts below 10,000: Amount = 0 / Select = A / Quantity = 1 (A) then Amount = 0 / Select = B / Quantity = 1 (A, B) then Amount = 0 / Select = C / Quantity = 1 (A, B, C). NOTE: In this example corporate administrators will need to insert each signature rule one at a time.