OverdraftAbout Product

For whom the product is designed

• Physical entities, nonentrepreneuers, owners of Giro Account / Personel Account
• Citizens of the Czech Republic older than 18 years
• Foreign citizen with the permission of permanent residence, older than 18 years

Product description

• Individual credit limit on Giro account
• Maximum of overdraft limit is 100 000 CZK (for VIP clients 200 000 CZK)
• Loan is used to finance short-term needs of a client
• Client has to repay the whole credit of used Overdraft with interest to ČS within one year from the date of the first credit outstanding

Advantages

• Available source of income in any situation
• Interest is paid only in case of credit outstanding