Overdraft

A facility granted to current account holders, which enables them to overdraw these accounts up to an agreed limit.

What does it offer me

  • Short term facility (maximum period is 1 year),
  • Normally for working capital,
  • Should fluctuate widely within the approved/agreed limit,
  • Interest is calculated on utilisation on a daily basis and is debited to the account monthly,
  • Renewable on expiry,
  • Repayable on demand,
  • Usually secured with suitable collateral

 

Who can apply

Current business account holders.

How to apply

Contact your nearest branch for more details.


Sharesocialicons

Digital Banking

Select your online banking platform:

  • Business Conditions

  • Callback

     
    Saving your details - Please Wait...
    First name * :
    Surname * :
    Landline * :
     
    Country code:
    Area code:
    Local number:
     
    Mobile * :
     
    Country code:
    Area code:
    Local number:
    E-mail * :
    Product of interest:
    Convenient time to call * :
  • Enquiry Form

     
    Saving your details - Please Wait...
    First name * :
    Surname * :
    Landline * :
     
    Country code:
    Area code :
    Local number:
     
     
    Mobile *:
     
    Country code:
    Area code:
    Local number:
    Email *:
    Product of interest:
    Enquiry detail: