Overdraft limit management
Benefits for the customers
- Optimally meet customers' demands on cash flow management, ensuring profitability and highest efficiency.
- Provide support for effective cash flow control and management among customer's/subsidiaries' payment accounts to handle over/under-capitalization.
- Maximize efficiency of idle fund management and usage, collecting cash to the central account.
- Maximize profits of the central account and minimize overdraft interest on member accounts.
- Save management costs, easily collecting data for accounting via reports provided by VietinBank.
Features
- Manage the total overdraft limit of the Centralized account and Sub-Account at all times of the day;
- Manage the overdraft limit of the Main account and each Sub-account at any time of the day.
Eligibility conditions
- VietinBank and the Organizations/Businesses sign a Service Agreement/Contract.
- Head office and subsidiaries open payment accounts at VietinBank.
- In case of overdraft: Head office and Subsidiaries are granted overdraft limits on payment deposit accounts as agreed with VietinBank’s Branch.
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