Accounts are permitted to carry a negative BizX balance up to their line of credit maximum. However, negative BizX balances are charged trade interest at a rate of 1.5% on the trade balance due per month (18% annually) Interest charges are paid in trade (not cash dollars) and are not a part of your cash fees.
What happens if my account carries a negative balance?
Modified on: Fri, Jan 20, 2017 at 2:19 PM
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