Sight account with an overdraft facility that covers effectively your daily business needs
About GENIKI Open account
GENIKI Open account is a sight account that enables you to use an overdraft facility up to your approved limit.
Basic Characteristics
| Beneficiaries: |
Professionals, very small, small and medium enterprises (the enterprise must have published financial results of at least one year). |
| Duration: |
Up to 12 months with a possibility of renewal each year |
| Amount of overdraft: |
Up to 15% of the annual turnover of the enterprise |
| Repayment: |
Capital: Total or partial capital payment, at the creditor's convenience.
Interest: Payment of interest through sight account (31/03, 30/06, 30/09, 31/12) |
Example
Suppose you have selected GENIKI Open account, with an overdraft limit of €500.000. All your daily transactions, either those concerning obligations/expenses up to the amount of €500.000 (publication and payment of cheques, refunding of cheques, refunding of debts to suppliers), or income (payments from customers, deposit of customers' cheques), can be realised through one account only, GENIKI Anichtos Logariasmos
Benefits
- Flexibility in the management of your daily business transactions
- Continuous liquidity for your enterprise.
Information
For more information call 801.11.600.300 and 210.69.75.200 (from mobile phone or from abroad) or visit one of the branches of our bank.