Authorized Overdraft Limit
To finance your cash flow.
The solution for your company's specific needs.
Overdraft limit which you can use to meet the specific needs of your company.
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Financing adapted to the company's short-term needs.
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Improves the capacity of the company's working capital.
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Allows the company to adapt payment flows to revenue flows.
Authorized Overdraft Limit
Take an in-depth look at the Authorized Overdraft Limit.
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benefits
- A credit limit is contracted according to the needs of the company and its creditworthiness.
- This limit is directly associated with the demand account and becomes effective as an Authorized Overdraft Limit.
Terms- The term of the credit line is flexible and is normally authorized for six months or one year.
- Contractually, the term of the credit line is automatically extended for successive and equal terms. However, the Bank or the Customer may, at any time, terminate the contract in accordance with the agreed notice period.
Requirements
See how to take advantage of the Authorized Overdraft Limit.
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Credit line
- In order to be able to approve the Credit Line, the Customer must send all the financial information of the company for analysis of the operation and its creditworthiness.
- Additional guarantees may be requested for the approval of operations.
Costs
Learn about the inherent costs of the Authorized Overdraft Limit.
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Fees *
- Opening
- Study
- Immobilization
- Fees associated with exceeding the credit limit
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RateThe variable rate is fixed for each term and is calculated based on the value of the index chosen at the date of formalization plus the negotiated spread, rounded to the nearest thousandth.
Contact Us Companies
BBVA Helpline
Your bank always on hand
+351 21 391 14 16
(calls to
national landline)
Support for Businesses
Contact us by email
empresas.pt@bbva.com
Your question will be promptly answered or forwarded.
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For those who prefer not to send an email.
