Finance English
Banking

¿Qué es Descubierto Bancario?

Descubierto Bancario A credit facility that allows a bank account holder to withdraw more money than the current account balance, creating a temporary negative balance within pre-approved limits.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Descubierto Bancario” Used in Practice?

El banco ofrece descubierto bancario para disponer de fondos adicionales con intereses y comisiones.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

¿Qué es Descubierto Bancario?

A credit facility that allows a bank account holder to withdraw more money than the current account balance, creating a temporary negative balance within pre-approved limits.

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