Setting a trust limit
To open a new trust limit, go to the Debt service site). You can do this directly from the Keeper by going to the “Correspondents” tab, selecting “View trust limits” from the context menu, and pressing “Open”.
Then login to the site, select the debtor's WMID (note that he must be in your WMID's correspondents list), select the purse whose funds the correspondent can use, the maximum trust limit amount, the maximum term for funds usage, the interest for using the loan, and the manner of repayment. After specifying the conditions, press "Open limit".
Next, carefully check that the information you entered is correct and confirm your decision. Enter the code you received via SMS and press "Check".
After saving the trust limit in the Arbitration service, the "Offer to conclude Loan Agreement" is registered automatically and the correspondent receives a letter via WM mail offering him to read and accept the terms of the trust limit.
The service will notify you whether your correspondent agreed or declined to accept the offered limit via WM mail.
To do so, login to the site, go to the “Tenders” tab and press the “grant a loan” link. At the bottom of the list of requests to grant loans, press the link “add new request”, fill out the terms of the trust limit being opened, and press “Save”. To make your request available to any WebMoney Transfer member, i.e., to make it visible in the list of requests, press “Publish”.
The parameters of the trust limit can be changed by the owner at any time. The new conditions come into effect only after the correspondent accepts them.