Frequently Asked Questions
WHAT IS THE DIFFERNCE BETWEEN THE DEBIT AND CREDIT CARD?
Debit card is connected to a transaction account. The card provides the cardholder with the opportunity to spend available funds of the transaction account including the approved overdraft. The card can also be used for internet payments Credit Card is an international revolving credit card which is intended to be used for payments at merchants, cash withdrawal at ATM’s in domestic country and abroad. The revolving credit is the approved credit which is automatically renewable, which the bank approved to the applicant upon the request for issuing a credit card. For each successful transaction the available credit limit decreases, while with each monthly repayment of the debt, the credit limit is available to the credit cardholder for spending. The card can also be used for internet payments.
WHAT DOCUMENTS ARE REQUIRED FOR APPLYING FOR DEBIT CARD?
Filled debit card application and copy of personal ID.
HOW LONG DOES IT TAKE FOR THE NEW CARD TO REACH ME?
It takes 2 days for the card to arrive in the Branch for which the same customer will be notified with sms message to raise it in the appropriate Branch in which he applied.
WHAT IS OVERDRAFT AND CAN I GET IT?
An overdraft is a credit limit loaded to you current transaction account. This means that you have the convenience of borrowing on the same account that is used for your daily banking transactions. To get an overdraft you need to contact the Branch in your area where our colleagues will check your credit worthiness and give you the appropriate documentation for which you can apply for an overdraft.