Requesting an overdraft Clause Samples

Requesting an overdraft a) Depending on the type of current account that you hold with us you may be able to borrow money from us by way of an Arranged Overdraft or Unarranged Overdraft on your current account. b) An overdraft is intended as a form of short term borrowing and is generally not suitable for long term borrowing. These facilities are not available on all accounts and for some accounts an Unarranged Overdraft will only be available in very limited circumstances. c) Details of which facilities are available, plus details of applicable fees and interest rates are set out in the Key Facts Document. Whether you will be charged fees or interest in respect of these overdraft services depends on your particular type of account and this is also explained in the Key Facts Document. You will be given a copy before you apply for your current account. You can also find details of all our interest rates and fees on our website, or by contacting us using the contact details provided in these Conditions.