Overdrafts

Overdraft facilities are available on Bank of Africa business current accounts, giving you access to additional funds (up to a specified limit) to help you manage your day to day cash flow needs. They run for upto 12 months and are renewable.

Features and benefits

• An overdraft facility is the ideal way to cover temporary cash flow requirements and short term working capital needs.
• Cash is immediately available.
• Interest is only charged on the used portion of your overdraft.