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Q:

What is an Inter Account Transfer (IAT) Exemption?

A:

IATs are payments made between two accounts registered on the same Bankline customer ID.

IAT Exemptions exempt users from payment authorisation limits with respect to IAT payments only.

Users can be exempted from one or all of the following:

  • Their individually set User Payment Authorisation Limit
  • The Maximum Payment Amount for the profile
  • The Dual Authorisation Threshold. When exceeded, the payment must be authorised by a  second user.
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