Overdrafts
This facility provides individuals and companies with sufficient cash flow to meet daily transaction requirements. Customers are allowed to withdraw in excess of their deposit balance, up to the amount agreed with the Bank, from their checking account. The facility is reviewed annually, for which the customer is expected to provide: financial statements, cash flow projections, updated valuation of assets offered as security and any other information requested by the loan officer.
How to Apply
The requirements for obtaining an overdraft facility are:
1) A chequing account at GBTI
2) Audited Financial Statements
3) Projected Cash Flow Statement
4) Adequate Security
5) Completion of the Application and Statement of Affairs Forms.
