What is a personal limit?
A personal limit can be applied to any eligible business account that also has an active account limit.
A personal limit is used to restrict how much of an overall account limit can be accessed by each individual. It operates the same way as an account limit but restricts individuals with a Customer ID to a lower limit than the account limit.
Whilst a personal limit doesn’t need to be active for an account limit to be applied, an account limit must be present before a personal limit can be applied.
Account owners are able to set up or maintain personal limits to eligible business accounts that have an active account limit.
A personal limit can be any amount in $1,000 increments but must be equal or lower than the account limit.