Bad news for current account holders with a negative balance, who risk dealing with dire consequences. Here’s what you need to know.
I Capital They cannot guarantee happiness, but they help solve a lot of problems at the same time. Just think of all the times we find ourselves having to put our hands on our wallet in order to pay for the various goods and services that matter to us. So it is not surprising that in a particularly difficult moment like the present moment, due to the current economic crisis, there are many people who have decided to keep The money is still in the checking account. A situation that leads banks to face particularly high administrative costs, so much so that, in some cases, they decide to choose Close accounts with more than 100,000 euros.
If all this is not enough, then Mortgage Foreclosure, while from July 1 New European rules on debt That alerted several associations including the ABI. A story that does not go unnoticed, as many begin to fear the negative consequences that they may find themselves having to deal with in case Negative current account balance. So let’s get into the details and see what we can know about it.
The checking account is in red, beware the blow: all you need to know
The European Banking Authority (EBA), or the authority that controls and regulates the European banking sector, has imposed new rules that set lower levels of risk thresholds regarding limits on the amounts that can be left overdraft in a current account. In particular, these limits are equal to 100 euros for individuals and 500 euros for current accounts in the name of companies and companies. After 90 days of non-payment, the bank then informs the concerned customer central risks.
In case the customer does not have enough cash in his bank deposit, we remind you, Auto deduction is no longer allowed. A situation that then shows the danger of having to deal with the prohibition of payments for utilities and loan installments. At the same time, it is good to remember that the bank, before proceeding with the report, assesses whether the situation is solvable or not.
In most cases, for example, it can happen that the salary is simply added to the delay of a few days, resulting in instant unavailability. Thus, the bank will be able to conclude that this is only an individual case. But not only that, the lender can Override Grant For their clients, in exchange for a quick inquiry.
Focusing on costs, it is essential to know that red account can also be costly 50 euros per day. Moreover, the possibility of trespassing is presented as a possibility that the bank can present, but it is not obligated to do, which is why it is better to be careful.