The overdraft for public sector entities is linked to your business account and provides the ability to make payments even when there are no cash funds available in your account, thus avoiding penalty fees and additional charges. You only pay for your overdraft, when you use it and there is no minimum monthly payment as long as you remain within the agreed limits.
Get access to the required cash flow you need to run your public institution.
Enjoy flexibility, as you can deal with unexpected expenses and capitalise on opportunities, while payments into the facility make funds available for use again.
*Overdrafts are only permitted by legislation.
Enjoy FREE access to Instant Accounting - an easy-to-use online accounting solution which uses your FNB Online Banking Enterprise™ statements to do your bookkeeping automatically every night.
Enjoy FREE access to Instant Accounting Insights - giving you a monthly snapshot of your business's cash flow, income and expenses.
The opportunity to apply for the new FNB Visa Business Debit Card with chip and PIN technology, the most secure debit card available today, that helps your business save money.
