Account limits
Every account on the Pismo platform has defined limits for different financial operations.
You can list all available limits on the account and update some of them. The following tables list all account limit fields available on the Pismo platform as they apply to credit and debit accounts.
Applicable to credit accounts
| Field | Description |
|---|---|
available_credit_limit | Credit available to the customer. The platform calculates this value based on the initial total_credit_limit and any relevant debit and credit activity on the account. |
available_monthly_credit | Deprecated. |
available_total_installment_credit | Amount available for installments in the credit account. |
available_withdrawal_credit | Amount available for withdrawal in the credit account. The platform calculates this value based on the initialwithdrawal_credit_limit and any relevant debit and credit activity on the account that impacts the withdrawal credit limit. |
max_credit_limit | Maximum credit limit approved for this account. Usually granted by a credit analysis. You can update this value as needed. |
monthly_credit_limit | Deprecated |
percentage_over_limit | Percentage of the maximum credit limit (max_credit_limit) made available for purchases over the credit limit on the account.You can update this value as needed. Note: When the credit limit is reached, the value of available_credit_limit field is negative in the event. |
total_credit_limit | Total credit limit as set by the user. This can be any value up to the max_credit_limit.You can update this value as needed. |
total_installment_credit_limit | Amount limit for installments in the credit account. You can update this value as needed. |
withdrawal_credit_limit | Amount limit for withdrawal in credit programs. This value is calculated by multiplying total_credit_limit and Withdrawal limit percentage (defined for the program). |
Applicable to debit accounts
| Fields | Description |
|---|---|
available_credit_limit | Balance available to the customer. When there is an activity on the account, the platform determines whether to impact this limit and calculates it accordingly. |
available_monthly_credit | Deprecated |
available_savings_account_limit | Available limit of the savings account. This value is initially set at 0. When there is an activity on the account, the platform determines whether to impact this limit and calculates it accordingly. |
held_funds | Funds held on the account. Usually, but not always, this occurs due to a legal action. This value is initially defined as amount when blocking amount. |
monthly_credit_limit | Deprecated |
total_overdraft_limit | Maximum limit for overdraft spending on the account. You can update this value as needed. |
Updated about 1 year ago