Cash Account Limit

Cash Account Limit

Do you need a quick financial instrument to cover the liquidity shortage? Now you can easily get a cash account limit to cover the temporary shortage of funds by quickly converting the receivables into cash.

It is granted for a period of 18 months, with a maximum withdrawal period of 12 months

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

The financed value is maximum 80% of the value of the secured payment instruments / invoices assigned in favour of the bank

What are the advantages of the cash account limit?

  • It is granted for a period of 18 months, with a maximum withdrawal period of 12 months;

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

  • If it is granted punctually, for a single drawdown, the limit takes the form of a non-revolving facility;

  • The financed value is maximum 80% of the value of the secured payment instruments / invoices assigned in favour of the bank;

  • The amounts released from the limit can be reimbursed in maximum 90 calendar days;

  • 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.

In addition, if you want to contract a loan in the maximum amount of 300,000 EUR (or equivalent in lei), but not more than 30% of the annual turnover, you will benefit from a quick approval and a simplified analysis, in this case the period of granting being of maximum 15 months, with the possibility of using this limit for a period of maximum 12 months.

How to get the cash account limit?

Visit Us

Visit our OTP Bank branch,
and let's discuss the best alternative for you.

Choose Branch

Contact Us

Request information by calling HelpDesk
at (+4) 021 308 57 10.

Call HelpDesk

Similar recommended products

Credit Line for SMEs from OTP Bank

Flexibility in any situation to cover current expenses.

More details

Multi-currency, Multi-borrower, Multi-use Loan Limit

Flexible financing for a wide range of economic needs.

More details