Limit changes in Fairways Debt enable you to edit the limit amount of a transaction over time.
Note: You can edit the transaction limit of:
- Cash facilities
- Credit facilities
Navigate to the Debt & Derivatives Application
- Log in to your Fairways Debt account.
- Select a customer account, if relevant.
- Navigate to Applications
> Debt & Derivatives.
Edit a Transaction Limit
- Click a transaction to open its profile.
- Navigate to Life Cycle > Limit Updates.
- Click Add Limit Update.
- Complete the form with all relevant details.
Note: Fields marked with an asterisk * are mandatory.
Field |
Description |
---|---|
Trade Date |
Date at which the update has been agreed. Note: The trade date must be equal or earlier than today. |
Effective Date |
Date from which the new limit takes place. Note:
|
Limit |
New limit amount of the transaction. |
- Click Apply to add the limit update.
The limit update(s) applies(y) to the transaction.