Overdraft

Overdraft enables your company to overdraw the current account up to the agreed limit. Interest is calculated on the outstanding credit, limit fee is calculated on the unused part of the credit limit.

OP Corporate Bank plc offers:

  • Overdraft
  • Intraday overdraft

Possible terms:

  • repayment term up to 1 year;
  • overdraft is available in EUR;
  • maximum overdraft limit up to 80% of the company’s average monthly turnover;
  • sound credit record of the company and owners.

Forms of collateral:

  • mortgage over the real estate owned by the borrower or third parties;
  • commercial pledge over the assets owned by the borrower;
  • sureties of private individuals and other companies;
  • other forms of collateral are also accepted, being assessed per project;
  • LGA guarantee;
  • RDF guarantee.

For additional information, please contact the Bank by telephone: +371 67777007 on working days from 9.00 to 17.00.

Contact information

+371 67 777 007
office@opbank.lv
Muitas iela 1, Rīga
LV-1010, Latvija