Defining the maximum payment amount

The maximum payment amount sets the maximum amount that a payment or bill that is issued by the delivery or billing pattern.

Maximum payment amount functionality is used for benefit products only, there is no limit on bills issued. If the total value of a payment instruction is greater than the maximum amount, the payment is suspended. The default value is $0.00.

The payment remains suspended and is not issued until a user manually approves the payment. User access to the approve payment function is controlled by using security settings. Users who have been assigned security access to the approve payment function are allowed to approve the suspended payment. Therefore, if approval of suspended payments needs to be restricted to a subset of users, security access to the approve payment function must be assigned to only that subset of users. For more information, see User Security Profiles.