 | Understanding cash reservesThe cash reserve, also called a revolving credit facility, lets you take advantage of an available sum of money at any moment. As long as this sum is not used, you won’t pay anything. Once the cash reserve is opened, you can use the sum as you wish – all or part of the cash reserve – which is wired into your account within 48 hours. The payments on this sum depend on the amount which you have asked to be wired and on the applicable interest rate. The cash reserve is replenished gradually as you make your monthly payments. | |
