What is Foreign transaction limit?

Modified on Wed, 23 Nov 2022 at 05:09 PM

Forex Limit:


A single card transaction limit in USD or another currency of your team member.


Let's say that you set a forex limit of 10,000 and a transaction limit of 20,000. In that case, you cannot do a transaction of 20,000 on a portal that accepts USD or another international currency, as it exceeds the forex limit of 10,000. Unless specified otherwise, all transactions are INR.


If you are the owner of all company cards and you want to set card limits to your team member's card, then go to Teams on your Dashboard, and select that card to change limits.


Steps:

1. Go to "teams" on your dashboard

2. Scroll down and select the name of the team member to set card limits 

3. Select the card 

4. Click on Limits

Set the limits and submit





Karbon Team


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