Overdraft

Overdraft is an authorization granted to the client, allowing them to operate their current account in a debit position up to a determined ceiling. The resulting overdraft balance is only due at the expiration of the authorization, unless renewed.

ADVANTAGES

Enables addressing current and immediate cash flow needs of up to 50% of the net salary

Facility available for an entire year

CHARACTERISTICS

DOCUMENTATION

A signed overdraft request form from the client;

A water or electricity bill from within the last three months or a certificate of residence;

An employment certificate;

A commitment to salary and/or bonus domiciliation from the employer;

The last three pay slips;

A BIC authorization;