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## 14 Transaction Limit Rule

This topic provides the information about the Transaction Limit Rule.

Banks can restrict the number of transactions that can be performed on a virtual account in a given period. The restrictions can be defined in Transaction Limit Rule for a single transaction code or a group of transaction codes. A limit needs to be defined for each of the restrictions to specify the number of transactions allowed. The limit is then attached to a product level and is applicable to all the virtual accounts under that specific product. Banks can however relax the restrictions for specific virtual accounts by maintaining a different value for number of transactions.

Transaction limit utilization can also be tracked at the account level at any given point of time.

The Transaction Limit Rule allows the user to configure the different restriction types based on the type of transaction. The type of transaction is recognized by the transaction code. Restrictions can be maintained for a single transaction code or for a group transaction codes. To define a new transaction limit for a limit rule, refer to the Transaction and Balance Limits section.

This topic contains the following subtopics:

- Create Transaction Limit Rule
  This topic describes the systematic instructions to maintain the transaction limit restrictions.
- View Transaction Limit Rule
  This topic describes the systematic instructions to view the list of configured transaction limit restrictions.