Clients of Platinum Bank Get Credit Line for Payroll Cards
Since January 2016 Platinum Bank offers a credit line for payroll cards. Clients who use this new service can, in addition to payroll funds, use the sum equal to 50% of the average monthly incoming receivables for 2 months.
This service is offered to the employees of enterprises, which have their payroll projects at the bank. Credit line is a type of loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan that the client can use at any convenient time. The loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan repayment is done by the transfer of funds to the payroll card. Processing is quick and the conditions for the client are rather advantageous.