CyrillicOVERDRAFT
Overdraft is used to overcome the current imbalance between inflows and outflows from current operations, by allowing the client to execute orders above the available account balance, up to a certain limit. Each inflow on the client's account automatically covers the used overdraft amount.
The funds can be used at any time, without prior notice, and if necessary, they can be used several times and repaid until maturity.
Before renewing the overdraft, it is necessary to settle all obligations under the existing overdraft.
PURPOSE
Financing current liquidity
CURRENCY
RSD
AMOUNT
From RSD 100,000.00 to RSD 50,000,000.00
PERIOD OF USE
up to 12 months
MINIMUM SECURITIES
- Blank promissory notes issued by an entrepreneur
- Personal promissory note issued by a natural person - owner
- In case of related legal entity/entrepreneur - guarantee
- Personal promissory note issued by a natural person - owner
- In case of related legal entity/entrepreneur - guarantee
* Depending on the client's creditworthiness, term and amount of the loan, the Bank reserves the right to accept additional collateral that it deems acceptable and in accordance with the Bank's internal acts.
REPRESENTATIVE EXAMPLE
Representative example of Overdraft - applies from 30 January 2023
(EIR was calculated on 15 January 2023)
Representative example of Overdraft
(EIR was calculated on 1 June 2022)
Useful Documents
