OVERDRAFT

Overdraft is a flexible and convenient instrument which allows you to maintain stability of your business when payments from counterparties are delayed, or when there is a shortage or lack of funds in the current account.

Overdraft conditions
Overdraft type	unsecured (blank)	secured
Currency	UAH
Limit amount	up to 40% from average monthly net proceeds to current accounts for the last 3 calendar months	up to 75% of the average monthly revenue for the previous reporting year
Overdraft period	up to 12 months
Period of uninterrupted overdraft utilization	up to 3 months	up to 12 months
Pledge	without pledge; obligatory conclusion of a surety agreement with one of the actual business owners and/or related parties	real estate, equipment, vehicles, other assets
Insurance	-	at any of the insurance companies accredited by the bank
Financing price ¹ (include interest rate and commission for loan issuing)	18,5% p.a.	16,5% p.a.
Other bank’s commissions	other commissions could be set as per arrangement with a client.
Other possible costs	payment for the services of third parties (insurance company, notary, property appraiser, etc.) - according to the tariffs of such third parties chosen by the client for receiving the relevant services.