Overdraft For remote transmissions
Get a Mastercard with a pre-approved overdraft limit, send a remote money transfer to Georgia, access funds when you need them, and make everyday payments.
Advantages
With an overdraft, you can remotely send money to Georgia and use the funds for your daily needs, and the limit increases gradually with active use.
Limit up to €1200
The initial limit is 300 euros. With active use, the limit increases to 1200 euros.
Message remotely
Send a money transfer to Georgia without visiting a branch.
5 days
You will not be charged interest on overdraft usage for the first 5 days of the month.
Automatic growth
The limit is automatically reviewed every 3 months. Active utilization of the limit is required for an increase.
Card payments
Use your Mastercard at merchants, online stores, and digital platforms.
Withdrawal at ATM
If necessary, the approved limit can be withdrawn from an ATM.
How does it work?
The process from filling out the application to using the limit is simple and fast.
You are filling out the application
You can fill out the application online. Our customer service team will contact you to provide the terms.
You get a Mastercard
Upon approval, you will receive a card with an initial limit of 300 euros.
You use an overdraft
You make remote money transfers to Georgia with an overdraft, and pay at merchants and online with your card, or withdraw cash from an ATM.
Your limit is increasing
The limit will be reviewed every 3 months and will be gradually increased to 1,200 euros. Further increases will be made on an individual basis.
Product Terms
Key overdraft terms and options for increasing the limit
The logic of increasing the limit
The limit starts at €300 by default and increases gradually with active use. It is automatically reviewed every 3 months.
The first approved limit is 300 euros by default.
An increase in the limit is considered based on active use and payment history.
Growth depends on reaching the limit and payment history.
An increase in the limit above 1200 euros is granted on an individual basis.
Frequently Asked Questions
Who is this service for?
The service is intended for customers residing in Italy, Cyprus, and Greece. With the overdraft, you can remotely send money to Georgia, while with the Mastercard, you can make daily payments and withdraw cash from ATMs.
At what limit does the benefit begin?
If approved, the initial limit is 300 euros by default.
How does the limit increase?
The limit is automatically reviewed every 3 months. With active use, it is gradually increased up to 1,200 euros, and further increases are made on an individual basis.
What does minimum drawdown for growth — 50% mean?
To increase your limit, you must have an average monthly utilization of at least 50% of your approved limit—for transfers, payments, or cash advances.
Can I place an order without going to a branch?
Yes, it is possible to make a money transfer in Georgia with an overdraft limit entirely remotely.
How many days is the service interest-free?
The interest-free period applies for the first 5 days from the date the funds are used.
Where can I use my Mastercard?
You can use the card at retail stores, online stores, digital platforms, and ATMs.
Fill out the application Approve the limit up to €1,200
Get a Mastercard with an overdraft limit, make remote money transfers to Georgia, and access the funds when you need them.