Cash account limit on cheques, tickets to order, and invoices

Cash account limit on cheques, tickets to order, and invoices

Forget the worry of temporary liquidities deficit within your company. Thanks to the cash account on cheques, tickets to order and invoices you can easily transform the claims into cash. The reimbursement source is represented in fact by the orders and cheques transferred in OTP Bank’s favour.

It has a revolving character

It is granted for a period of 18 months

Maximum withdrawal period of 12 months, without overcoming the value and validity of the account

What are the advantages of the cash account limit?

  • It has a revolving character, the drawdowns can be performed at any time during the validity period;

  • It is granted for a period of 18 months;

  • Maximum withdrawal period of 12 months, without overcoming the value and validity of the account, initially established via a contract;

  • The maturity of a withdrawal can reach up to 90 calendar days from its completion;

  • The reimbursement of the facility and the payment of the interest due are carried out by collecting the assigned invoices and/or cheques and/or promissory notes mortgaged in favour of the bank.

How to get the cash account limit?

Call us nationally

Request information from Monday to Friday,
between 08:30-21:00,
at 0800 88 22 88 (free in any network).

Call us internationally

Request information from Monday to Friday,
between 08:30-21:00,
at (+4) 021 308 57 10 (normal price).

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