Your internet banking service allows the designated administrator(s) to set maximum daily payment limits and individual transaction limits on all external payments. The payment limits can be set at a user or business level using the menu option specific to them.
The types of limits that can be set are as follows:
- Organisation transaction limit – the maximum value users can submit in any one transaction per beneficiary, per processing day
- Organisation daily limit – the total value of payments your organisation can authorise through internet banking per processing day
- User transaction limit – the maximum amount a user can submit or authorise in any one transaction per beneficiary, per processing day
- User daily limit – the total value of payments a user can submit or authorise through internet banking per processing, per working day
Online payments with added approval
Many of our customers require complex authorisation levels when currently paying via cheque, this may include specifying the number of users required to make a payment according to the value of the transaction being submitted and, naming the users that need to be involved in payments according to the value of the transaction.
These authorisation requirements can now be mirrored on payments made via Internet Banking. If you would like to take advantage of this service please complete the application form below.
Specify by number of users
This allows you to request that all payments over a certain value have a specified number of users involved in that transaction. This can be up to three users.
Specify by name of users
This allows you to state the name of the users that you require to be involved in payments over a certain value, this can be up to two users.
Existing internet banking users can download the following form to start using this new functionality – Changes to Internet Banking For Existing Customers.
Please complete the form, ensure it is signed in accordance with your mandate and return to – Marketing, FREEPOST BM513, Unity Trust Bank plc, Nine Brindleyplace, Birmingham B1 2BR.