ANZ Business Overdraft

Product information

**Product information**
Access	Access your account via: ANZ Direct Online ANZ Internet Banking ANZ Phone Banking ANZ branches and ATMs EFTPOS
Features	Revolving credit to draw against as required. Credit limit to suit your working capital requirements. Interest charged only on the credit you use. No fixed or minimum repayments.
Security	Various types of security may be considered, such as the fixed assets of the business, subject to ANZ lending criteria.
Credit limit	Apply for the limit that suits your working capital requirements.
Credit extensions	Short-term extensions are available, subject to ANZ lending criteria
Debit interest	Interest is calculated daily on the outstanding amount only. Various interest rates apply.
Statements	Overdraft transactions are included in your transaction account statement.
Overdraft application fee	A minimum amount of either $75 or 1% of the approved credit limit or increase, whichever is greater. ANZ will advise the customer if the application fee is higher than this minimum amount.
Monthly overdraft management fee	0.12% of your agreed overdraft limit (minimum $5 a month).
Service charges	Service charges apply when a specific service is used. Business account service charges