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Q:

What is ‘Single authorisation’?

A:

This means that any one user with the relevant privileges may authorise sweeping / topping transactions to or from the Satellite account.

The Single authorisation threshold amount only applies where single authorisation has been selected. Transactions below the threshold will be processed straight through. If a sweeping or topping transaction has the status ‘Awaiting Authorisation' and is not authorised prior to the displayed cut-off time, the transaction will be automatically removed.

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