Explore Our Corporate Loan Facility
Overdrafts
This is short-term credit facility (not to exceed one year) arrangement under which the Bank extends credit up to a maximum amount (called overdraft limit) against which a current (checking) account customer can write cheques or make withdrawals. It is a revolving borrowing facility repayable on demand.
This facility is provided by the bank for a fee and interest is charged on the excess amount that is withdrawn for the length of the time. Once the limit is utilized interest will be charged on outstanding utilization on a daily basis.
The purpose of this type of facility is to assist clients with temporary cash flow gaps. Overdrafts must not be used to finance the acquisition of fixed assets.
Our Process
Self-service Banking
1. USSD Mobile Banking
Bank securely anytime and anywhere without cellular data or an internet connection. Dial *716#
2. Online Banking
Online banking is a user-friendly platform that allows you to access and transact on your accounts online, 24 hours a day, 7 days a week.
3. ATM Banking
Our ATMs allow you to access your funds, transfer between your accounts, make cash deposits to any Stanbic account, make withdrawals with or without a card 24 hours a day without visiting a branch