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Current overdraft facilti
Fateyes
Posts: 1 Newbie
I have been with my bank for over 10 years, with an overdraft facility of £1500. Recently received a letter, requesting an annual review, for the 1st time, re my overdraft. I am concerned they will take away from me, and need advice
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Comments
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Maybe give your bank a ring, and ask them whether they plan to let you retain the overdraft?0
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I think I would tell them that you like to have the facility just in case you mess up you cash flow. A lot less hastle than returned items and fees.
They may want to reduce it, I guess a lot of unused OD add up and they need funding forthem(core whatever it is in banking terms).0
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