Bank overdraft

Do you have exceptional expenses that impact your cash flow? Would you like to have an overdraft facility solution that can be easily adapted to all your needs?

Thanks to the bank overdraft, BANK OF AFRICA gives you the opportunity to deal with any unexpected situation, and to be able to cover your cash flow gaps as soon as they arise. By granting you this overdraft facility, your bank allows you to continue to make payments and to use your various means of payment (cheque, credit card, transfer, direct debit, etc.), even after your account balance has been used up, within the limits of the overdraft authorisation.

4 benefits to keep in mind

With the bank overdraft, in case a sudden desire of an exceptional expense, an unforeseen event, an opportunity that you can’t miss, you won’t worry anymore. More than a privilege, the bank overdraft is a solution that allows you to consider managing your budget in peace and serenity.

An overdraft facility always available
A more flexible management of your budget
Unpaid bills always avoided
Unexpected expenses approached serenely

Your questions, our answers

Any employee of the public or private sector, justifying a status of holder corroborated by an attestation of employment, having a checking account at BANK OF AFRICA.

Yes, if it exceeds a minimum of MAD 2,500 net monthly.

The minimum amount of the authorisation is set at MAD 1,000, and can go up to a maximum of MAD 300,000. The limit of the authorisation can reach 100% of the available income.

Yes, the bank overdraft solution is renewable annually by tacit agreement.