Corporate account overdraft means the bank agrees with the corporate client to overdraft within designated credit limit and in designated account for temporarily financing needs.
Main features and advantages to process corporate account overdraft in bank of Kunlun are that bank of Kunlun can provide you with convenient, safe and standard service. Convenient process and procedures can help you make up for your short term and small amount financing needs. You don’t need to perform extra procedures, just need to process normal settlement procedures of payment and collection of funds.
Fee of corporate account overdraft includes commitment fee of overdraft part and overdraft interest. The interest and fee rate will be in line with the regulations of PBC and CBRC and will be negotiated with you.