Overdraft facility

The possibility of making prompt payments via your account in case of insufficient balance and without unnecessary formalities.

Your benefits

Your benefits
  • Use of credit funds for any purpose on a 24/7/365 basis
  • Establishing unsecured overdraft limit. The possibility of increasing thereof subject to growing influx of funds in your PrivatBank account
  • Maximum simplification of the application and prolongation procedure.
  • Payment for the service comprises only the interest for actual use of credit funds – no extra fees implied.

Overdraft terms

Overdraft terms
  • Term of the agreement – 1 year with the possibility of prolongation subject to agreement between the parties.
  • Continuous use of funds during 30 days after negative balance was detected in your account as per the end of the day.
  • Interest rate in UAH - from 11% p/a, differentiated by the time of funds use.
  • Commission - from 0.25% to 1% of the amount.
  • The debt is repaid automatically by means of funds credited to your account,
  • accepting trade receipts in bank branches and terminals
  • In case of using credit funds and repaying the debt till the end of the same day no interest is accrued.

The decision on the rate and commissions is made depending on the loan value, types of collateral and cooperation on other products of the bank.