1、 What is overdraft

Corporate account overdraft is a short-term financing method that our bank approves the overdraft limit of corporate customers' accounts, so corporate customers could directly overdraw and obtain credit funds within the approved overdraft limit in case when the deposit in the settlement account is insufficient to pay.

2、 Applicable customers

Customers with temporary short-term financing needs or cash management service needs.

3、 Basic conditions

The borrower should be legally established, with good financial condition, strong profitability, good development prospects, good credit status and no major bad credit record, and should meet other conditions required by our bank.

4、 Business characteristics

Borrowers can take out or return an overdraft at any time.