Legal Person Account Overdraft refers to a credit business which allows customers directly obtain credit capital within approved overdraft limits when their settlement accounts have no sufficient funds to make payments.
Features
There's no limitation on number of overdraft once approved.
Simple procedures required, and low funding cost realized.
Secures company's creditworthiness in payment and settlement.
Target customers
Enterprise legal person and other organizations that have been approved and registered with local Industrial and Commercial Authorities.