Overdraft

Overdraft is a short-term loan that allows a client to borrow money from the bank within the assigned limit. The limit can be repeatedly as it is covered by each incoming payment, for example, a salary.

Advantages of overdraft

• Permanent access to additional money funds (within the assigned limit)
• Overdraft can be used practically for any planned or unexpected expenses as the goal of its application is not determined
• Reviewing of application for free
• Overdraft allocation for free
• Minimal limit 100LVL
• An agreement on overdraft allocation can be signed at any customer service centre

To receive an overdraft you need:

• passport,
• regular income in Nordea account - from 310 lats after taxes monthly,
• positive credit history,
• to be from 18 to 70 years old.