Overdraft with cash collateral
You need cash but your funds are in different currency? You have invested in a deposit and it is not matured yet?
You can use them as a collateral and get an overdraft!
You can use them as a collateral and get an overdraft!
Benefits
Did you know?
You can use as collateral:
- Time Deposit
- Current Account
- Saving Account
- Treasury Bills
- Any other type of account and /or deposit product offered by the bank
Product Terms
- Available in EUR/LEK/USD
- Tenor Up to 1 year (renewable in case of need)
- Collateral coverage:
- 110% when collateral and credit exposure are in the same currency
- 120% when collateral and credit exposure are in different currency