KBC Budget Facility

Legal information

KBC Budget Facility

Legal information

The KBC Budget Facility is a credit facility in the form of an authorised debit balance on an account. Subject to your credit application being approved by KBC Bank NV. Lender: KBC Bank NV, Havenlaan 2, 1080 Brussels, VAT BE 0462.920.226, RLP Brussels.

The annual percentage rate of charge is calculated on the basis of the specified amount of credit and on the assumptions of full and immediate drawdown of the credit facility, the specified debit interest rate remains unchanged, the credit facility lasts for three months, the principal is repaid and debit interest is paid after three equal months.