MIAMI BRANCH
OVERDRAFT CHECKING FACILITY
Normas e Condições:
I.
Introdução: "Overdraft Facility", destina-se aos clientes que recebem salário no Banco do Brasil Miami
Branch e buscam um limite de crédito pessoal vinculado à sua conta corrente (DDA).
II.
Limite: Estabelecido após avaliação de cadastro e de risco de crédito. O Valor pode ser até 100% do
limite de crédito estabelecido pelo Banco do Brasil.
III.
Prazo: 01 (Um) ano, podendo ser renovado automaticamente, a critério do Banco.
IV.
Juros: Taxa Fixa de 7,25% a.a, cobrada ao final de cada mês. (Mínimo de: USD 25.00).
Custos Adicionais: $50.00 Taxa de processamento
V.
Finalidade do "Overdraft Facility": Disponibilzar aos clientes que recebem salário no BB Miami, um
limite de crédito pessoal vinculado à sua conta corrente (DDA);
VI.
Documentação requerida (somente originais): Formulário de solicitação de "Overdraft Facility";
Para solicitar esta linha de crédito basta preencher e assinar o formulário anexo, encaminhando-o para o
endereço baixo indicado:
BB USA Servicing Center
8325 S. Park Circle, Suite 140
32819 – Orlando, FL
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MIA_ACTIVE 4058343.2
Page 1
MIAMI BRANCH
ACCOUNT NUMBER: _____________
CPF: ______________________ SS# (If applicable) ___________________________________
OVERDRAFT CHECKING FACILITY AGREEMENT
I _____________________________________________________, as a Banco do Brasil Miami
Branch Client, hereby apply for use of your "Overdraft Facility" in the amount of USD__________________.
DESCRIPTION OF FACILITY: The "overdraft facility" you offer means that you will advance to my
account the amount necessary to pay any check, written or electronic order, or any other amount properly
chargeable to my account (other than service charges, if any, on account) when my account balance is
insufficient to pay it (hereinafter called "advances"). You may also make advances to pay interest on
Advances if I have not paid such interest by the date indicated below. If my application is accepted, I agree
that the terms of this letter will govern my overdraft facility.
AMOUNT AND TERM: I hereby agree that (1) the amount of the overdraft facility will be limited to up 100%
of the credit limit establish by the Bank and (2) the overdraft facility shall mature and expire on the
earlier of (a) the date that is one year from the date of your acceptance of this request (unless
renewed pursuant to the terms hereof..
INTEREST: I hereby agree to pay monthly interest on unpaid Advances at a fixed rate equal to 7.25% per
annum, minimum US$25.00. Per annum means based on a year of 360 days and actual days elapsed.
Interest begins to accrue on each Advance on the date it is posted to my account and is calculated by
multiplying the amount of unpaid advances on each day of the month by the daily equivalent of the yearly
interest rate and adding that result for each day of the month. I understand that the interest rate may vary
at the time of renewal. I hereby agree that you may debit my account for the amount of such interest. Interest
is payable on the last business day of each month.
PAYMENTS: I hereby agree to pay all or any part of the Advances and any outstanding interest on
your demand (which you may make at any time) but not later than the last day the overdraft facility is
available. I also agree that, no later than the last day of each calendar month during the term of the
overdraft facility, I will deposit sufficient amounts in my account on a monthly basis such that the amount
of the advances is reduced to zero.
SETOFF: You may, regardless of whether I have breached my obligations to you under this
agreement or whether you have demanded payment, apply the amount of any deposit I maintain with you
(or any of your other offices) to payment of the outstanding amounts of unpaid Advances or interest under
this agreement.
AMENDMENTS: Subject to legal requirements, you may, by notice to me in writing, amend this
agreement or increase, reduce, or cancel, the overdraft facility at any time. You may, without notice,
suspend the overdraft facility and refuse to make further advances and may thereafter at your discretion
reinstate the same.
RENEWAL: This overdraft facility may be automatically renewed for additional periods of one year at
your sole discretion.
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MIA_ACTIVE 4058343.2
Page 2
MIAMI BRANCH
OVERDRAFT LINE OF CREDIT DISCLOSURE – Regulation Z compliant
Applies to all consumer credit loans under $53,000
Interest Rate and Interest Charges
APR for Cash Advances
7.25%
Minimum Interest Charge
If you are charged interest, the charge will be no less than
$ 25.00
Paying Interest
You will be charged interest from the transaction date.
Fees
Annual Fee
$ 50
Penalty Fees:
Late Payment
Over-the-Credit Limit
NONE
If you are in agreement with the foregoing, please sign where indicated and return by fax or email a copy of
the accepted contract.
Name: _______________________________________________________________________________
Position/Job Title: ______________________________________________________________________
Employer's Address _____________________________________________________________________
SIGNATURE: _______________________________________________________
Date: _______________________
If you received this by mistake please destroy immediately.
If do not receive all pages or if copies are illegible please contact us at the numbers above. Thank you.
MIA_ACTIVE 4058343.2
Page 3