Citi Bank

Summary

Either general deposit account or Corporate Free Account is designated as the Parent Account and credit line up to the account balance is provided.

Eligible Customer	Holders of Minus Passbook (new or converted) who have had the account for more than three months. At branch manager's discretion considering bank liabilities, credit may be given right after account opening.
Loan amount	To be determined in loan evaluation process.
Repayment Method	1. Fund deposited in the parent account is used for loan repayment automatically (security-type deposits are excluded until settlement, and such securities shall be regarded to have been assigned to the Bank as a security of the liability.) 2. Repayment can be made at any time at any amount, and the entire amount should be paid on or before the end of 1st revolving period or maturity. The full loan amount should be paid at maturity. 3. Please not that deposits for loan repayment made after banking hours via ATMs or electronic banking service may not be regarded as repayment of the day.
Measures in case of default	To be determined in accordance individual loan contracts and bank's standard contract of loan transaction.
Loan period	Contract period : credit line provided up to 1 year
Interest rate	Interest rats is determined by spread, applying cost of credit, operating cost and other costs to cost of capital. There are two types of interest rates.; Fixed rates do not change until loan maturity whereas floating rates are subject to change of market rates or bank rates. For more details, please refer to credit line transaction agreement.
Collateral requirement	To be determiend in loan evaluation process.
Ancilary costs	Stamp tax: Charged in accordane with Stamp Tax Law. Other fees charged shall be determined by CKI fee policies.