Monday, February 9, 2015
Views credit Cards
Credit card - bank card is designed for either non-cash payment, or to withdraw cash from ATMs.
In order to represent the detail that is a credit card, consider the types of credit cards and their use.
Credit cards:
1. Types of credit cards for international payment systems
Is widely recognized two giants on card payment systems:
- Visa
- Mastercard
In Russia, are becoming more common credit cards VISA.
2. Types of credit cards by means of categories
Types of credit cards
Credit cards can be classified according to several criteria: type, type of payment system and benefits.
by type
Standard. The map contains a magnetic strip that stores information that allows an ATM to access the bank account. This is the most common type of card.
Chip. Apart from the magnetic strip comprise a microprocessor, allows to store up to 80 times more information than it. These cards can process and store data on bank account. Provide the highest protection against fraud.
On the payment system
by type
Standard. The map contains a magnetic strip that stores information that allows an ATM to access the bank account. This is the most common type of card.
Chip. Apart from the magnetic strip comprise a microprocessor, allows to store up to 80 times more information than it. These cards can process and store data on bank account. Provide the highest protection against fraud.
On the payment system
Terms of overdraft
Overdraft - a special form of short-term bank lending, which gives the customer the right to pay from your current account goods, works and services of its counterparties in the amount exceeding the amount of credit the proceeds to his account, ie, have on the settlement (current) account debit balance.
Credit under overdraft is multipurpose in nature and is issued to cover the client's needs for working capital.
Overdraft - a negative balance on the current account of the client, sometimes acquiring the status of the loan, ie. E. A form of short-term credit, the provision of which the debit of the account the bank's clients in excess of the account balance, resulting in a debit balance.
Terms of overdraft
Crediting customer's current account may only be exercised if it is provided in the contract of bank account. In addition to the bank accounts of commercial banks enter into a loan agreement (the agreement), which specifies the basic conditions for granting and repayment of the loan, its maximum size and duration.
Overdraft is considered a form of preferential lending, so it must provide borrowers with a sufficiently strong financial position with a temporary shortage or lack of funds in the account to make payments.
In the Russian practice of commercial banks provide overdraft customers under the following conditions:
conclusion of the contract of bank accounts for cash management services;
No requirement for settlement (current) account of the client (card index number 2) for the last three months;
the presence of constant speed on the current account;
the stability of the settlement (current) account of the client with the lending bank and other banks;
the presence of an impeccable credit history;
stable financial and economic activity of the client-borrower.
Overdraft limit and deadlines
Credit under overdraft is multipurpose in nature and is issued to cover the client's needs for working capital.
Overdraft - a negative balance on the current account of the client, sometimes acquiring the status of the loan, ie. E. A form of short-term credit, the provision of which the debit of the account the bank's clients in excess of the account balance, resulting in a debit balance.
Terms of overdraft
Crediting customer's current account may only be exercised if it is provided in the contract of bank account. In addition to the bank accounts of commercial banks enter into a loan agreement (the agreement), which specifies the basic conditions for granting and repayment of the loan, its maximum size and duration.
Overdraft is considered a form of preferential lending, so it must provide borrowers with a sufficiently strong financial position with a temporary shortage or lack of funds in the account to make payments.
In the Russian practice of commercial banks provide overdraft customers under the following conditions:
conclusion of the contract of bank accounts for cash management services;
No requirement for settlement (current) account of the client (card index number 2) for the last three months;
the presence of constant speed on the current account;
the stability of the settlement (current) account of the client with the lending bank and other banks;
the presence of an impeccable credit history;
stable financial and economic activity of the client-borrower.
Overdraft limit and deadlines
Repayment of the overdraft
Not so long ago in the credit market, a new concept - the overdraft. Nevertheless, for many bank customers took advantage of this simple and convenient service.
Overdraft is a short-term loan that is provided with a lack of equity in the current account of the client. Get it can be individual entrepreneurs and legal entities. In short, in certain situations overdraft allows the client to "go into minus." If the client needs to use a larger sum than he has in the account, it is not necessary to issue an additional contract. Overdraft is available in non-cash form, the money comes at the expense of the borrower.
Overdraft is a short-term loan that is provided with a lack of equity in the current account of the client. Get it can be individual entrepreneurs and legal entities. In short, in certain situations overdraft allows the client to "go into minus." If the client needs to use a larger sum than he has in the account, it is not necessary to issue an additional contract. Overdraft is available in non-cash form, the money comes at the expense of the borrower.
Features overdraft
Overdraft - a short-term bank loan that is provided to a legal entity or individual entrepreneur in non-cash form with a lack of funds in his checking account. Simply put, overdraft allows you to "go to the minus" when the situation demands it - you need to pay a bill or to get money to pay wages.
As a rule, overdraft apply to the bank, which is engaged in cash-settlement service of the potential borrower. To establish the overdraft limit legal entity or entrepreneur must comply with the standard requirements - to conduct business for 6-12 months and do not have a damaged credit history.
As a rule, overdraft apply to the bank, which is engaged in cash-settlement service of the potential borrower. To establish the overdraft limit legal entity or entrepreneur must comply with the standard requirements - to conduct business for 6-12 months and do not have a damaged credit history.
What it's the Overdraft
Overdraft is a very specialized type of loan, as it is also issued bank money in order to pay the debt or product. But the size of an overdraft facility agreed in advance, in the contract to the bank card settlement (usually payroll). For the client - this is the easiest type of loan for a very short period of time.
Credit limit of this type is usually calculated as a percentage of the average coming at the expense of the customer. That is, the higher the monthly income to the bank card, the higher overdraft limit. This is the amount of money that the bank provides the cardholder over his personal funds. In speaking clients call Overdraft - "go to the minus" salary.
Credit limit of this type is usually calculated as a percentage of the average coming at the expense of the customer. That is, the higher the monthly income to the bank card, the higher overdraft limit. This is the amount of money that the bank provides the cardholder over his personal funds. In speaking clients call Overdraft - "go to the minus" salary.
Subscribe to:
Posts (Atom)