Total charge for credit. (a) The total cost of this arranged overdraft facility including interest and any other related cost is £[Total Cost of Credit]. (b) This cost is calculated on the following assumptions: (i) you borrow up to your arranged overdraft limit immediately and in full for the duration of the overdraft facility; (ii) the duration of the overdraft facility is three (3) months; (iii) you repay the entire overdraft balance in full at the expiry of three (3) months.
Appears in 4 contracts
Samples: Overdraft Agreement, Overdraft Agreement, Arranged Overdraft Agreement
