Common use of Overdraft interest Clause in Contracts

Overdraft interest. 5.1 We will calculate overdraft interest daily at the following rates: Arranged Overdraft interest rate 8% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. Unarranged Overdraft interest rate 15% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. 5.2 If overdraft interest is due, we will give you advance notice of the amount payable. We will debit the amount payable from your account 14 days after your next Statement Date (or, if this is not a Working Day, on the next Working Day).

Overdraft interest. 5.1 6.1 We will calculate overdraft interest daily at the following rates: Arranged Overdraft interest rate 8% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. Unarranged Overdraft interest rate 158% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. 5.2 6.2 If overdraft interest is due, we will give you advance notice of the amount payable. We will debit the amount payable from your account 14 days after your next Statement Date (or, if this is not a Working Day, on the next Working Day).

Overdraft interest. 5.1 6.1 We will calculate overdraft interest daily at the following rates: Arranged Overdraft interest rate 8% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. Unarranged Overdraft interest rate 15% per annum above the Bank of England Base Rate (as that rate varies from time to time). This is a Tracker Rate. 5.2 6.2 If overdraft interest is due, we will give you advance notice of the amount payable. We will debit the amount payable from your account 14 days after your next Statement Date (or, if this is not a Working Day, on the next Working Day).