diff --git a/obp-api/src/main/scala/code/api/util/migration/Migration.scala b/obp-api/src/main/scala/code/api/util/migration/Migration.scala
index 6309a8be4..021261e2c 100644
--- a/obp-api/src/main/scala/code/api/util/migration/Migration.scala
+++ b/obp-api/src/main/scala/code/api/util/migration/Migration.scala
@@ -102,6 +102,7 @@ object Migration extends MdcLoggable {
       dropMappedBadLoginAttemptIndex()
       alterMetricColumnUrlLength()
       populateViewDefinitionCanAddTransactionRequestToBeneficiary()
+      alterCounterpartyLimitFieldType()
     }
     
     private def dummyScript(): Boolean = {
@@ -478,6 +479,13 @@ object Migration extends MdcLoggable {
         MigrationOfMappedBadLoginAttemptDropIndex.dropUniqueIndex(name)
       }
     }
+
+    private def alterCounterpartyLimitFieldType(): Boolean = {
+      val name = nameOf(alterCounterpartyLimitFieldType)
+      runOnce(name) {
+        MigrationOfCounterpartyLimitFieldType.alterCounterpartyLimitFieldType(name)
+      }
+    }
   }
 
   /**
diff --git a/obp-api/src/main/scala/code/api/util/migration/MigrationOfCounterpartyLimitFieldType.scala b/obp-api/src/main/scala/code/api/util/migration/MigrationOfCounterpartyLimitFieldType.scala
new file mode 100644
index 000000000..e42b4e6e6
--- /dev/null
+++ b/obp-api/src/main/scala/code/api/util/migration/MigrationOfCounterpartyLimitFieldType.scala
@@ -0,0 +1,73 @@
+package code.api.util.migration
+
+import code.api.util.APIUtil
+import code.api.util.migration.Migration.{DbFunction, saveLog}
+import code.counterpartylimit.CounterpartyLimit
+import net.liftweb.common.Full
+import net.liftweb.mapper.Schemifier
+
+import java.time.format.DateTimeFormatter
+import java.time.{ZoneId, ZonedDateTime}
+
+object MigrationOfCounterpartyLimitFieldType {
+
+  val oneDayAgo = ZonedDateTime.now(ZoneId.of("UTC")).minusDays(1)
+  val oneYearInFuture = ZonedDateTime.now(ZoneId.of("UTC")).plusYears(1)
+  val formatter = DateTimeFormatter.ofPattern("yyyy-MM-dd'T'HH:mm'Z'")
+
+  def alterCounterpartyLimitFieldType(name: String): Boolean = {
+    DbFunction.tableExists(CounterpartyLimit)
+    match {
+      case true =>
+        val startDate = System.currentTimeMillis()
+        val commitId: String = APIUtil.gitCommit
+        var isSuccessful = false
+
+        val executedSql =
+          DbFunction.maybeWrite(true, Schemifier.infoF _) {
+            APIUtil.getPropsValue("db.driver") match    {
+              case Full(dbDriver) if dbDriver.contains("com.microsoft.sqlserver.jdbc.SQLServerDriver") =>
+                () =>
+                  """
+                    |ALTER TABLE counterpartylimit
+                    |ALTER COLUMN maxsingleamount numeric(16, 10);
+                    |
+                    |ALTER TABLE counterpartylimit
+                    |ALTER COLUMN maxmonthlyamount numeric(16, 10);
+                    |
+                    |ALTER TABLE counterpartylimit
+                    |ALTER COLUMN maxyearlyamount numeric(16, 10);
+                    |""".stripMargin
+              case _ =>
+                () =>
+                  """
+                    |alter table counterpartylimit
+                    |    alter column maxsingleamount type numeric(16, 10) using maxsingleamount::numeric(16, 10);
+                    |alter table counterpartylimit		
+                    |    alter column maxmonthlyamount type numeric(16, 10) using maxmonthlyamount::numeric(16, 10);
+                    |alter table counterpartylimit		
+                    |    alter column maxyearlyamount type numeric(16, 10) using maxyearlyamount::numeric(16, 10);
+                    |""".stripMargin
+            }
+          }
+
+        val endDate = System.currentTimeMillis()
+        val comment: String =
+          s"""Executed SQL: 
+             |$executedSql
+             |""".stripMargin
+        isSuccessful = true
+        saveLog(name, commitId, isSuccessful, startDate, endDate, comment)
+        isSuccessful
+
+      case false =>
+        val startDate = System.currentTimeMillis()
+        val commitId: String = APIUtil.gitCommit
+        val isSuccessful = false
+        val endDate = System.currentTimeMillis()
+        val comment: String = s"""${CounterpartyLimit._dbTableNameLC} table does not exist""".stripMargin
+        saveLog(name, commitId, isSuccessful, startDate, endDate, comment)
+        isSuccessful
+    }
+  }
+}
\ No newline at end of file