Questions fréquentes

Redeemable overdraft

What do I need to do to get a redeemable overdraft?

For a Redeemable Overdraft you can contact your Account Manager who will advise you and assist you with the paperwork.

What is the difference between an authorized overdraft and a redeemable overdraft?

A redeemable overdraft can be repaid over several months.

Will I be asked for guarantees?

The guarantees to be provided are defined on a case-by-case basis.

When should I opt for a redeemable overdraft instead of an authorized overdraft?

You can choose between an authorized overdraft and a redeemable overdraft depending on whether you want to repay in one go, or several times over several months.

How is the amount of a redeemable overdraft determined?

The amount is determined according to your ability to repay, after your application has been studied