Automated Overdraft
Beneficial offer for your business!
What is it?
- short-term loan without security, provided by the Bank for payment documents, which surpasses the balance on your "Current Account" within a defined limit;
- «cushion» for timely fulfillment of obligations to your business partners;
- improvement of financial settlements system in your company.
Your advantages
- simple form of signing up for: Automated overdraft is effected upon your application after the signing of respective Agreement with minimum package of required documents;
- swift setting of Automated Overdraft limit – within one day for 12 months, with an option of further extension;
- an opportunity to use financial funds many times within the defined limit;
- You are not required to provide security;
- repayment of Automated Overdraft (or its part) is made automatically after your Current Account is credited.
List of documents necessary to sign up for "Automated Overdraft"
Additional information can be provided by corporate manager of NADRA BANK:
Deposit line income accounting
Last update 29.08.2008
