Examples of Arranged Overdraft in a sentence
You should ensure that there are sufficient cleared funds in Your Account (or within Your Arranged Overdraft facility) on the day before the Due Date.
The actual amount, which may be different from this figure, will be confirmed in the Arranged Overdraft Agreement letter.The duration of the credit agreementThe agreement has no fixed duration.Repayment of the creditWe may require you to repay the credit in full on demand at any time.
You will continue to pay the Arranged Overdraft Interest rate on the full amount by which the Account is overdrawn (including any unarranged excess).
The Arranged Excess Interest rate will be an additional margin over and above the Arranged Overdraft Interest rate.
If we agree to give you an Arranged Overdraft, we will tell you when the Arranged Overdraft will become available to you.
We will usually give you 30 days’ notice of our intention to change your Arranged Overdraft limit or repay the whole or any part of any overdraft, however we may do either of these things without advance notice to you where it would be reasonable for us to do so.
When you open your account, you’ll automatically get an Arranged Overdraft limit of £250 once you have provided the proof that you are a student.
This current account comes with an interest-free and fee-free Arranged Overdraft.
If you leave your course, you’ll no longer be eligible for this current account and any 1I2I3 Student Arranged Overdraft Allowance will be withdrawn.
If you switch your account to us, we’ll give you a four-month interest free and fee-free Arranged Overdraft (depending on your circumstances and subject to an agreed limit).