Overdraft Retail is the temporary use of credit made available to well reputable clients to help them meet emergency needs of their operations when facing a short – term liquidity problem. All Albanian residents with a minimum 1 year relationship with the bank are eligible for the product.

Advantages

• A quick way to have more cash in your account available anytime, anywhere
• No interest is charged if the Overdraft line is not used.

Product Terms

• Available in LEK/ EUR/ USD
• Limits: LEK 30,000- 1,000,000; EUR 300-10,000; USD 300-10,000
• Linked to the customer current account; the current account should be linked with a debit card
• Tenor 1 year; renewable if customer has shown satisfactory credit history
• Granted to Albanian resident only
• Minimum 1 year relationship with the bank.
• Interest is calculated and liquidated on monthly basis (at the End-Of-Month); a penalty will be calculated on overdue amounts.

For the Interest Rates, please refer to the Terms and Conditions.