An Overdraft is a short-term borrowing facility offered on a current account to assist customers in dealing with unforeseen expenses. It is an option that can be exercised when funds are required for a short period. It is a revolving facility granted for a year and renewable annually.
An Overdraft Facility can be granted to you against your salary transfer or against your deposit balance. You can receive up to one time your salary (maximum up to JOD4,000). The annual fee for this service is
1.5% p.a.
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