What is the difference between a payment to the “Repayment Account” and a deposit to the “loan account”?

Important: You should only use these repayment methods if you are unable to select these options directly in the mobile app.

1. Payment to a repayment account, such as a checking account or a technical account. When should you make a payment to this account?

Whenever you want to pay a standard monthly installment according to the schedule or settle any overdue payments. 

When you want to initiate an early repayment or overpayment of the loan manually by contacting a Bank representative (not automatically via the app). Without submitting an instruction to use the available funds from the manual deposit, the amount will remain available in the account and will only be used to pay the next installment.

2. Deposit to the loan account. When should you make a payment to this account?

When you want to make an early repayment or overpayment without submitting an additional, separate instruction. 

You should be aware that such a payment will be processed during the end-of-day settlement as an early loan repayment. In the case of an overpayment, the repayment will be processed with the option to reduce the monthly installment and maintain the loan term. This means that you will still have to pay the next loan installment on the original due date.