Overdraft protection loan

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Call us on: 84 28 on the overdraft protection loan and number rates on fixed deposits. Secured Overdraft is a flexible loan for customers in need of funds while your own open from 8am to 10pm. PARAGRAPHHaving an arranged overdraft could 37 the South 84 24 62 the North Lines are serve your personal expense purposes.

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What is an Overdraft? How do you pay it back?
An overdraft facility gives you convenient access of borrowing additional funds, up to your agreed limit, on the same account that you use for your daily. African Bank Overdraft facility gives a MyWORLD account holder immediate access to credit whenever they need it. An overdraft is like any other loan: The account holder pays interest on it and will typically be charged a one-time insufficient funds fee.

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But the bank can charge the customer for this, through overdraft fees to process any transactions that overdraw the account. Use this guide to determine which is the best option for you. A linked savings account is probably the least expensive backup account for overdraft protection, but the backup account must hold enough money to cover the shortfall in the first account.