Add a transaction limit

You can add a transaction limit to a wallet to define the maximum amount that can be sent in a single transaction. For example, you can set the limit to USD 1,000 per transaction.

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Note:

• The hot deposit wallets don't support this policy.

As an owner or admin of your organisation, take the following steps to set a transaction limit.

1. Log into Vaults.
2. Go to Settings > Policy Management > Policy Rules.
3. Select +Add next to View.

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Information:

• Alternatively, you can also go to Wallets and select a wallet. In that wallet, go to Policy then select +Add Policy to configure a policy for that wallet.

4. In the Policy field, select Transaction Limit from the dropdown.

5. In the Wallet field, select a wallet from the dropdown.
6. In the Amount field, enter the maximum amount that can be transacted in a single transaction, as shown in the following screenshot.
7. Select Next to confirm the changes.

8. Select Approve to approve the policy rule.

9. Enter the unique code for two-factor authentication.
10. Select Continue to complete the process.