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.

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The Update account limits (outdated) endpoint does not validate the account limit against the program’s global limit. To validate the account limit against the program’s global limit, use the Update account limits endpoint.

Credit account limits

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
`available_withdrawal_credit`	Amount available for withdrawal. The platform calculates this value based on the initial `withdrawal_credit_limit` and any debit and credit activity on the account that impacts the withdrawal credit limit.
`max_credit_limit`	Maximum credit limit approved for this account. Usually based on a credit analysis. You can update this value as needed. Note: This is the same thing as `granted_limit` in the Create account application endpoint.
`monthly_credit_limit`	Deprecated
`percentage_over_limit`	Maximum credit limit (`max_credit_limit`) percentage made available for purchases over the account credit limit. 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`	User-set total credit limit. This can be any value up to the `max_credit_limit`. You can update this value as needed. Note: This is the same thing as `limit` in the Create account application endpoint.
`total_installment_credit_limit`	Amount limit for installments. 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).

Debit account limits

Field	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`	Savings account available limit. 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. You can update this value as needed.

Updated 10 days ago