|
Frequently Asked Questions
|
   |
| Management Control - General |
| Q: |
What is the difference between sole
and dual Management Control? |
| A: |
Sole Management Control means that only
one Primary User is required to authorise Management Control
maintenance, even if for some companies, there may be two Primary
Users. For dual Management Control, maintenance must be authorised
jointly by two Primary Users. |
| |
|
| Q: |
What should be done in a new
Management Control setup? |
| A: |
The following table shows the
maintenance required, by Primary User(s), in the new set up:
| Subject |
Remarks |
Maintenance Required |
| Portfolio Daily
Limits |
The limits are
determined by the company |
 |
Only if you want to reduce
them. However, you may take note of the exact limits
determined. |
|
For increasing the limits,
company resolution is
required. |
|
| Authorisation Settings |
In case Sole Authorisation for
transactions is applied |
|
The default setting for authorisation
is Sole. |
|
| |
In case Dual Authorisation for
transactions is applied |
|
You need to determine how
many Signing Groups should be operative for your
company. Only 2 groups are supported, e.g. Group A may
sign for a larger amount whereas Group B may sign for a
smaller amount. |
|
You also need to determine
how the Authorisation Matrix should work, i.e. defining
transaction limits up to which one person of a group
(i.e. either A or B) may sign or two persons from either
or both groups (i.e. A+A, B+B or A+B) may
sign. |
|
| User Profile |
Secondary Users setup |
|
Identify the users that you
will allow them to operate online. |
|
For Management Control
Administrator, who may help in preparing maintenances
(including maintenances to Portfolio Daily Limits,
Authorisation Settings, User Profile, MPF Services
Settings) in future, 'Management Control maintenance'
function should be assigned on top of other
services. |
|
For all other users, assign
to them the accessible services, accounts and User Daily
Limits to related accounts as
appropriate. |
|
| MPF Services Settings |
Specific MPF Services setup |
|
Assign to users the specific
MPF Services and Transaction Limit as
appropriate. |
|
For
more detailed description of the Management Control maintenance
services, please refer the Demo available at the Business e-Banking
Menu Page. |
|
|
