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Overdraft
shopping_1An 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


Interest rates

EUR 11,50 %

BGN 12,50 %

USD 13,00 %


Fees

According to the Bank's Tarriff.