Overdrafts

If you need to quickly increase the amount of funds available in your account, you can use overdrafts — this is the most convenient solution for receiving financing before receiving and incoming payment to your account.

We can offer you:

  • Unsecured overdraft;
  • Overdraft line;
  • Short-term loan secured by incoming transfer.

Overdrafts and overdraft lines are secured by your deposit or savings accounts balance, or funds available in your current account in another currency. Overdraft can also be granted to a customer in case another customer acts as a guarantor, pledging his/her/its funds held with the bank as overdraft collateral.

If your cooperation with us is long and successful, we can offer you an unsecured overdraft for the term of up to 1 month, so that you can make planned payments.

If you need extra funds for a longer term, you can use an overdraft line, which can be secured by customer’s current or savings accounts balance, or a term deposit.

When a company needs to increase its current assets for a short term, we can offer an unsecured overdraft line. This being the case, extra funds will be made available in the customer’s account following an evaluation of the account transactions. The amount of borrowed funds is expressed as a percentage of the customer’s average monthly account turnover.

When you expect to receive an incoming payment and already have a document confirming funds debiting from the payer’s account, you can apply for a short-term loan secured by incoming payment, so that your planned transactions are performed in a due time.

If you are engaged in international trade, we offer you exploring the advantages of settlement performed using documentary operations and trade finance.