Switching from tacit to permitted overdraft without charges

27.06.2023.



Clients can transfer through the m-zaba app, without visiting the branch, while migration in the branch is also simple and fast.

Zagrebačka banka offered its clients a quick and easy transition from tacit to permitted overdrafts without fees, with a transition period of one year, no later than June 30, 2024. Clients can transition via the m-zaba app or in a branch if they're not using mobile banking (m-zaba app).

All clients will soon receive information about the transition to permitted overdrafts via written offers, and they can make the transition from June 30, 2023, while the deadline for accepting the Offer and agreeing on the permitted overdraft is June 30, 2024. Until the deadline for accepting the Offer expires, the existing overdraft amount will not be changed except at the client's request or in case of loss of income, based on which the tacit overdraft will be canceled.

If the clients do not agree on the permitted overdraft, the Bank will notify them no later than one month before the deadline for the closing of the tacit overdraft, enabling them to repay the used amount of the tacit overdraft in 12 equal installments.

By switching to a permitted overdraft, clients also get the benefits of independent management of their overdraft and monitoring of changes via m-zaba.

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