Daily Interest. the Interest calculated per day upon cancellation of the Agreement. The calculation is based on the 360-day calendar year and the assumption that the Borrower starts using the entire Overdraft Limit straight away.
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Daily Interest. is the Interest calculated per day upon cancellation of the Agreement. The calculation is based on the 360-day calendar year and the assumption that the Borrower starts using the entire Overdraft Limit straight away.
Appears in 1 contract
Sources: Overdraft Agreement