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Printed by customer 2012.05.22

Account with overdraft facility

Do you need a continuous overdraft facility?

A payment account is the centre of a company’s cash management. It is possible to link an overdraft facility to the account.

An account with overdraft facility is the simplest solution for short-term and seasonal working capital needs. You can use the funds in the account up to the agreed facility limit.

Incoming payments automatically reduce the amount of credit in use.

Benefits to your company

  • The overdraft facility is constantly available up to the granted facility limit.

  • The account is a payment account to which you can link all payment services, cards and Netbank services.

  • Credit interest is charged only for the amount of the overdraft facility that you have used.