BI Salary Solutions
BI Salary is a Negotiated Overdraft Limit (NOL)
BI Salary is a Negotiated Overdraft Limit (LDN) available in a Current Deposit account that allows the anticipation of domiciled income: wages, pensions and other regular incomes.
Characteristics
Access conditions
Private clients who meet one of the following conditions:
OR
- Have an income domiciled at BI from salaries, pensions or other fixed monthly income;
OR
- To be self-employed and have income domiciled at BI from the exercise of professional activity, such as consultancy fees, service contracts and others.
Amount
· Up to 50% of the average monthly income credited to BI in the last 6 months and according to internal effort rate criteria.
· Up to 25% of the average monthly income credited to the BI in the last 6 months and according to internal effort rate criteria.
· Up to 25% of the average monthly income credited to the BI in the last 6 months and according to internal effort rate criteria.
Required documentation
The following forms must be filled in and signed:
- Application form;
- Wage Domiciliation Form (except for clients with 6 months or more receiving payment through BI);
- Declaration from the Employer/Pension Payer specifying the amount of monthly and/or other remuneration and stating the type of employment contract. For self-employed professionals, copies of receipts for salaries, contracts, and consultants for the last 6 months and a copy of the form model 112 (Income Statement) for the calendar year prior to the date of the application.
Advantages
- Fast approval, immediate funding for unforeseen expenses;
- Payment solely for the amount effectively used;
- Possibility of a preferential interest rate on individual credit agreements.