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Community


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A one-stop forum for all your banking questions

Revolving loan unused funds

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5 REPLIES 5
Muller21pfg
Contributor

@adamroberson wrote:

Overdrafts are offered by your bank, either as part of setting up a current account or by your request. Essentially, an overdraft is a line of credit arranged with your bank to a set amount. Revolving credit, on the other hand, is typically offered by a lender other than your bank.



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adamroberson
Contributor

Overdrafts are offered by your bank, either as part of setting up a current account or by your request. Essentially, an overdraft is a line of credit arranged with your bank to a set amount. Revolving credit, on the other hand, is typically offered by a lender other than your bank.

MandyP
Community Coordinator

Hello @24401Halgryn,

 

Please be advised that should you have your RCP linked to your mobile banking app, (1) you'll have the option to view how much funds are available (2) if you qualify to transfer them or how much you'd need to pay to transfer them. The option to transfer the funds will also be visible on the RCP tile within your mobile banking app. To link your RCP to your App, please follow these steps:

 

  • Log onto the app,
  • Tap on 'More',
  • Tap on 'Explore Products',
  • Select 'Personal and Business Loans',
  • Select 'Flexible Term Personal Loan' and proceed to link it.

Alternatively, kindly contact customer care on 0860 123 000 for further assistance.

 

Regards,

Mandy

24401Halgryn
New Member
Good day

I want to know how much funds is available and how to transfer it via my phone app?
CC_89
New Contributor

Hi,

 

Call the Customer Care line and request that the accounts be linked

After that you are good to go

Preshen15
Visitor
Hi
How do I transfer my unused funds from my revolving loan acc to my transaction account from my app