Overdraft enables your company to overdraw the current account up to the agreed credit limit. Interest is calculated on the outstanding credit, limit fee is calculated on the unused part of the credit limit.
Overdraft is available in EUR.
Standard terms and conditions of overdraft
Overdraft limit: starting from EUR 100,000 (the maximum limit will depend on the monthly turnover of the company)
Overdraft term: 1 year
Security: a mortgage or commercial pledge; a guarantee issued by KredEx or the Estonian Rural Development Foundation may serve as additional security
Documents necessary for an overdraft application