SoftGuide > Functions / Modules Designation > Overdraft facilities

Overdraft facilities

What is meant by Overdraft facilities?

The term "overdraft facilities" refers to short-term credit lines granted by financial institutions on current accounts of private or business customers. These lines allow accounts to be overdrawn up to a predefined limit, even if there are insufficient funds available. In a business context, overdraft credits are primarily used for short-term liquidity management, such as bridging payment gaps or financing unexpected expenses.

Typical software functions in the area of "overdraft facilities":

Examples of "overdraft facilities":

Save time and let SoftGuide do the research for you!

Learn more now!

The function / module Overdraft facilities belongs to:

Financial accounting

Liquidity planning