Overdrafts
Your current account's permanent margin: absorb a few days' timing gaps without stress.
There are big financings — and there are the Tuesdays when the bill lands two days before the client's transfer. The authorised overdraft is made for those Tuesdays: a reserve of flexibility attached to your current account, available without paperwork, charged only when used.
Features
- Permanent authorisation negotiated once, available continuously
- Interest calculated only on actual use
- Ceiling proportional to your domiciled flows
- No paperwork at each use
- Annual ceiling review with your advisor
The authorised overdraft is the most discreet of our financings — and one of the most useful day to day. Well-sized, it turns tense month-ends into simple bookkeeping entries.
A tool for serenity, not for flight forward
The golden rule: the overdraft should clear naturally with each incoming payment. If it becomes permanent, that's the signal another financing is needed — and your advisor is there to make that diagnosis with you, without judgement.
Eligibility requirements
- ▸ Active PASL current account with regular domiciled flows
- ▸ Minimum account seniority
Required documents
- Valid identity document
- Proof of flows (payslips or business statements)
Who is it for?
For PASL current account holders with regular flows: domiciled employees and businesses whose activity runs through the account.
Frequently asked questions
What's the difference between authorised overdraft and unauthorised excess?
Everything: the authorised overdraft is a right negotiated in advance at known conditions; the unauthorised excess exposes you to rejected operations and higher fees. Negotiating your authorisation turns a risk into a tool.
What does the overdraft cost if I don't use it?
Interest runs only on amounts actually used, pro-rated by day. An unused authorised overdraft is nearly free insurance.
Can the overdraft finance an investment?
No — and it's real advice: the overdraft smooths gaps of days or weeks. A more durable need belongs to the Stability or Development Loan, on far better-suited terms.
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