Working capital

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Sat 23-Mar-2019 04:03 PM / Other ANZ / 371

Our Overdraft facility gives businesses access to short-term finance for a debt requirement, for the purpose of financing working capital or for other short-term cash requirements.

Benefits

  • Gives you peace of mind knowing that funds are available when you need them.
  • Competitive interest rates on amounts borrowed.
  • Solves your short-term financing and working capital needs.
  • Simple and easy to use.

Features

  • Available in USD and KHR and recorded on your business account.
  • Transparent pricing of the variable interest rates that apply.
  • Interest calculated daily and charged monthly.
  • Revolving credit limit that you can draw and repay without restriction.
  • Ability to transact through cheques, eBiz and the ANZ Royal bank branch network.
  • Subject to approval under the bank’s normal credit assessment process

Our Working Capital include Overdraft

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All applications for credit are subject to ANZ Royal Bank’s normal credit approval criteria.  Terms and conditions available upon request.  Fees and charges are payable.

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An ANZ Royal Bank Business Overdraft can provide the extra cash your business needs to cover seasonal or working capital requirements. Essentially, an overdraft is a method of allowing an account balance to operate in debit up to an agreed level.

As a particularly common and flexible form of credit, for many customers a business overdraft is essential for managing cash flow.

For your convenience, an ANZ Royal Bank Business Overdraft can be attached to the following ANZ Royal Bank Cheque Account.

At a glance:

Facility Type

  • Revolving line of credit.

Facility Purpose

  • Managing working capital requirements.

Security

  • Unsecured or secured by various forms of security including residential or commercial property, business assets or a combination of these.

Term

  • Ongoing – Subject to annual review

Interest Rate Type

  • Variable Interest Rate.

Repayment Terms

  • No fixed or minimum monthly repayment arrangements.

Ways to access your account

  • ANZ eBiz, ANZ Royal Bank branches or Cheque Book.

Fees and Charges

  • Fees and charges are payable. 

Additional Features

  • Available in United States Dollars (USD) and Cambodian Riel (KHR).
  • Flexible repayment arrangements.
  • Flexibility to manage personal or business cash flows.
  • A cost effective option to avoid fees associated with overdrawing accounts.

For further information, contact call ANZ Royal Bank

All applications for credit are subject to ANZ Royal Bank’s normal credit approval criteria.  Terms and conditions available upon request.  Fees and charges are payable.

ANZ Royal Bank

361 & 363, Preah Sihanouk Boulevard, Sangkat Veal Vong, Khan 7 Makara

The Australia and New Zealand Banking Group Limited, commonly called ANZ, is the third largest bank by market capitalisation in Australia, after the Commonwealth Bank and Westpac Banking Corporation. Australian operations make up the largest part of ANZ's business, with commercial and retail banking dominating. ANZ is also the largest bank in New Zealand, where the legal entity became known as ANZ National Bank Limited in 2003 and changed to ANZ Bank New Zealand Limited in 2012. From 2003 to 2012, it operated two brands in New Zealand, ANZ and the National Bank of New Zealand. The National Bank brand was retired in 2012, with a number of branches closing and others converting to ANZ branches.

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