Set Policies

Policies provide organizations with essential protection by enabling it to specify who is allowed to move funds, perform transactions, set amount limitations, and more.

For example, an organization may want to automatically block a transaction that exceeds a specific amount, review transactions according to their origin, or block specific users from making transactions.

Learn more by studying these sample policies.

Workflow for policy rule creation

The creation of a new policy follows this workflow:

The diagram shows how a draft of the new policy rules is created in the Fordefi web console. The draft of the new policy rules is then submitted to the Admin Quorum for their approval. The Admin Quorum are notified on their mobile devices about the draft of the new policy rules. When the required number of admins approve the draft, the new policy rules are created and added to the system.

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Note

• For security reasons, only admins are permitted to create or discard policy rules.
• Only one draft of policy rules is permitted at any time.

Learn:

• How to create a policy rule
• About rule conditions and actions
• How to modify the Admin Quorum
• About sample policies