You request an occasional overdraft for a few days

You request an occasional overdraft for a few days

 

Your bank account is regularly in credit. But occasionally you need an overdraft of a few days to avoid any risk of rejection of a check that will soon be presented in payment. It is in your best interest to contact your banker in advance in order to ask him for a written authorization for an occasional overdraft. Indeed, the interest rate conditions will be more interesting, and you will avoid being banned from banking. In addition, you will avoid the application of payment incident fees or intervention commissions.

 

The deposit account should normally be in credit, and overdraft is not a right. Your banker can therefore refuse to pay a check presented for collection if your account is not sufficiently funded.

 

“The conventional interest rate must be fixed in writing” (article 1907, paragraph 2, of the Civil Code), and this rate must be given in the form of the annual percentage rate of charge (APR).

 

Dear,

 

My salary, usually transferred to my account on the 25th (for example) of each month, should only be transferred at the beginning of the following month.

 

For my part, I will be required to produce checks for a total amount of (…) euros.

 

Fearing that my account is not sufficiently funded, I request the exceptional authorization to use it overdrawn for this period of a few days.

 

I would be grateful if you could tell me in writing the conditions of your agreement: amount of the exceptional authorization, its duration and the interest rate charged.

 

Please accept, Madam, Sir, the expression of my best regards.

 

(Signature) 51