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Corporate Account Overdraft

When the balance of a customer's corporate settlement account in ABC is not enough for payment and settlement, the customer is allowed to pay by way of overdraft and make repayment automatically with the receipts in the account within the agreed overdraft limit and period.
It is the revocable revolving financing facility used for short-term and temporary turnover of working capital in the normal production and operation of customer.
1. Customer files an application for overdraft of corporate customer;
2. The following materials should be provided:
(1) Power of attorney signed by the customer's board of directors or its authorized representative to authorize specific person for overdraft of corporate customer;
(2) Other related documents.
3. ABC checks and ratifies the overdraft limit and period for customer, and signs overdraft limit contract for corporate customer with the customer.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599


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