Loans
Overdraft
An
overdraft on your debit card account is a loan facility, allowing you
to exceed repeatedly your account balance up to a preliminary approved
credit limit. After a repayment (fully or partially) and during the
maturity term you can utilize again your credit limit. An overdraft
facility can be disbursed to the Bank’s clients, who have a valid debit
card issued by the Bank. An individual approach is applied to
financial status estimation to overdraft applicants.Collateral
The overdraft could be collateralized by:
A pledge on salary or other payment
A pledge on deposit or state securities
A suretyship
A mortgage
Overdraft limit
up to two net salaries or one pension
up to 90% of the value of a real estate
up to 90% of a pledged deposit/securities
Term
up to 12 months in case of suretyship
up to 60 months in case of mortgage
up to 84 months in case of pledged deposit/securities
EUR 11,50 %
BGN 12,50 %
USD 13,00 %
Fees
According to the Bank's Tarriff.