Form of collateral:
- For entrepreneurs, the debit is secured by avaal on the cover blank
- Existing KB clients do not need collateral for an agreed debit up to CZK 500,000, or in the case of sufficient turnover in current accounts held with KB
- Municipality and municipal bonds can get an authorized debit without security
Setting a limit for drawing on an overdraft facility:
Up to the limit of CZK 3,000,000 - Entrepreneurs
- Based on an individual assessment of the financial situation according to the submitted financial statements
Up to a limit of CZK 500,000 - entrepreneurs, housing cooperatives, unit owners, entities set up by a municipality, city, town or county
- For existing clients with a current account held with KB for at least 6 months
- Based on the assessment of the turnover of funds in their current accounts with KB
Up to a limit of CZK 50,000 for new clients - introductory and start-up entrepreneurs, housing co-operatives, unit owners, entities set up by municipalities, towns, cities or regions
Up to a limit of CZK 100,000 for new clients - introducing and starting entrepreneurs from selected professions (farmers, pharmacists, lawyers, notaries, auditors, tax advisers, accountants, architects, authorized engineers and technicians, veterinarians, outpatients, dentists)
Municipalities and associations of municipalities are allowed to set the limit of their debit according to their tax revenues and current subsidies