VI
Short-Term Loans
Overdrafts
Quick Solution To The Working Capital Needs
Solution Information
Solution Information
Introduction
- The solution allows corporates to use more than the balance on the current account within the granted overdraft limit
- Vietcombank charges interest on demand deposit when the balance of current account is positive (>0) and the enterprise only has to pay interest on overdraft loan when the account balance is negative (<0)
- The utility automatically collects the principal when there is any amount in the Business account
Benefits
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