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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 limit amount:


  • Unsecured overdraft - up to 40% of average monthly net receipts to current accounts
  • Secured overdraft - up to 75% of average monthly receipts over the last reporting year


Overdraft period - up to 12 months.


Period of uninterrupted overdraft utilization:

  • for unsecured overdraft - 90 days;
  • for secured overdraft - 365 days.
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