The ideal solution for specific treasury needs
Overdraft
Benefits
Flexibility
Solution that allows the negotiation of amount and term suited to treasury needs.
Immediate availability
The negotiated amount is immediately available for use.
Ease in using credit
Once the credit line limit is contracted, you can use the credit line according to your needs.
Charges
A process organization fee will be charged.
How to Apply
To subscribe for your Pledged Current Account, visit any Millennium bim Branch.
Features
FINANCING AMOUNT
|
FINANCING AMOUNT |
Case-by-case analysis. |
---|---|---|
Term
|
Term |
180 days, renewable for 90 days. |
Forms of use
|
Forms of use |
You can transact using cheques, transfer at the branches or via Internet Banking. |
Currency
|
Currency |
MZN |
Interest
|
Interest |
An index interest rate, applicable as of the date of granting the corresponding facility will be charged, with an additional spread established at the Credit Risk level. |
Collateral
|
Collateral |
The actual or personal guarantees to be provided are established within the scope of credit risk analysis. |
Reimbursement amount
|
Reimbursement amount |
The outstanding amount will be settled at the end of the contract. |
Payment and frequency of interest
|
Payment and frequency of interest |
Interest is debited according to the periodicity (monthly / quarterly / semiannual) and credited in arrears to the current account |
Atribuição de um limite descoberto autorizado na conta à ordem, que lhe permite manter um saldo devedor até ao limite de crédito negociado e por um prazo determinado, por forma a fazer face a eventuais necessidades pontuais de tesouraria.