Current account overdraft
Credit limit on a covered basis with the possibility of using the credit line at any time, and as much as you like.
Advantages:
- Much more flexibility in your cash flow
- You benefit from fair net lending rates at current market conditions
Conditions:
| Loan agreement | To keep things clear, we stipulate the lending limits in the loan agreement. |
| Minimum amount | None |
| Current lending rate | Depends on the currency, money market conditions and collateral. Interest rates on request |
| Cancellation | Can be cancelled by either side at any time |
| Redemtion obligation | Voluntary |
