Express Loan You have a BYR account with BelSwissBank, but sometimes need 5-7 days to make timely payments to suppliers? Now you can pay for goods, works, services even if there isn’t enough money on your Settlement account. Just draw up an Express Loan Agreement with BelSwissBank. NB: An express loan cannot be used for tax and other payments of the kind. |
Easy to Apply To conclude an Express Loan Agreement you have to submit the following documents: 1. Filled-in Application Form ; 2. The latest balance sheet figures; 3. Statement of Income ; 4. Filled-in Customer Application Form and Insider Application Form; 5. Some other documents. Express Loan Limit The amount of Express Loan limit is calculated for every Client individually and depends on receipt to his/her Settlement account over a specified period of time. The latter equals the five-day average receipt to the Client’s account over the past three months. The Express Loan ceiling makes $10,000 in the BYR equivalent. Contract An Express Loan Agreement is concluded for a period of 3-6 months. The Bank opens a special account, which will reflect the spending of credit resources. Tariffs Operation (service) | Period of time | Tariff | Express Loan | Express Loan Agreement | 3-6 months | Free | Service fee | 3 months | $100 quarterly in the BYR equivalent according to the NBB exchange rate | Granting of express loan | 1-7 days ( depending on actual spending) | Refinancing rate + 3% per annum | Delay in repayment | For every case | $100 in the BYR equivalent according to the NBB exchange rate | For every day | Double refinancing rate |
For all questions your can consult to:
Asking the bank specialists  |