Botswana

Business Overdraft

Business overdraft

Apply for a Business Overdraft as a quick cashflow management tool for your business

 

 

Some of the benefits

24/7 Access

Access funds whenever you need it from a Business Overdraft that is linked to your current account

Affordable repayments

Only pay interest on the amount of credit you’ve used during the month

No fuss

Avoid minimum monthly repayments with full settlement as money enters your account
What you get
Apply for a Business Overdraft as a quick cashflow management tool for your business
Card features

Visa Business cheque card offers all the functionality of your debit card and more:

  • Cards can be used at toll roads, car rental companies, hotels, and for telephone and Internet purchases
  • Access to your Business current account via digital banking channels, subject to limits authorised by account signatories.
  • Additional cards are available for signatories on your Business current account
  • GCAS - Dedicated 24/7 Visa cardholder services to assist with international emergency card/cash replacement
How it works
  • You need a Stanbic Bank Business Current Account to qualify for a Business Overdraft
  • Overdraft limits are based on your needs and affordability
  • You can withdraw funds straight from your account and only pay interest on the balance used
  • The Overdraft will be repaid as money enters your account
  • Your Overdraft is payable on demand and reviewed every year
What it costs
  • Once-off Arrangement fee: 1.1% of your approved limit
  • Personalised interest rate: Prime + 6
How to get it

Speak to your relationship manager
Send us a Call me back
Email us at: [email protected]
Call us on +267 3987820
Or speak to us at your nearest branch

  • What you get
  • Card features
  • How it works
  • What it costs
  • How to get it
Apply for a Business Overdraft as a quick cashflow management tool for your business

Visa Business cheque card offers all the functionality of your debit card and more:

  • Cards can be used at toll roads, car rental companies, hotels, and for telephone and Internet purchases
  • Access to your Business current account via digital banking channels, subject to limits authorised by account signatories.
  • Additional cards are available for signatories on your Business current account
  • GCAS - Dedicated 24/7 Visa cardholder services to assist with international emergency card/cash replacement
  • You need a Stanbic Bank Business Current Account to qualify for a Business Overdraft
  • Overdraft limits are based on your needs and affordability
  • You can withdraw funds straight from your account and only pay interest on the balance used
  • The Overdraft will be repaid as money enters your account
  • Your Overdraft is payable on demand and reviewed every year
  • Once-off Arrangement fee: 1.1% of your approved limit
  • Personalised interest rate: Prime + 6

Speak to your relationship manager
Send us a Call me back
Email us at: [email protected]
Call us on +267 3987820
Or speak to us at your nearest branch