The relationship with the business partners is the basis for a successful collaboration. Non-cash account limit for letters of guarantee/ counter-guarantee, credit, and cheque endorsement from OTP Bank is the best solution when you need a revolving financing, in various currencies, when frequently issuing guarantee instruments. Financing is less expensive, without the need of immobilization of your financial resources.
What are the advantages of the non-cash account limit?
It is granted for a period of maximum 36 months;
Multiple-currency use and varied guarantee instruments;
It has a revolving character, and can be used in one or more drawdowns, according to the destination it was granted for.