Running Account Credit Agreement Template for Germany

1. Security: Required when the credit facility is secured by collateral or guarantees

2. Insurance: Optional provisions for credit insurance or other required insurance

3. Electronic Communications: Specific terms for digital banking and electronic statements if offered

4. Special Drawing Conditions: For facilities with specific drawing requirements or restrictions

5. Third Party Rights: Required when third parties have rights under the agreement

6. Multiple Borrowers: Additional provisions for joint account holders or multiple borrowers

7. Foreign Currency Provisions: Required for facilities offering foreign currency transactions

1. Schedule 1: Facility Terms: Detailed terms of the credit facility including limits and conditions

2. Schedule 2: Interest Rates and Charges: Comprehensive list of all applicable interest rates and fees

3. Schedule 3: Drawing and Payment Procedures: Detailed procedures for utilizing the credit facility

4. Schedule 4: Form of Drawdown Notice: Standard form for requesting drawdowns if required

5. Schedule 5: Direct Debit Authorization: SEPA direct debit mandate and related terms

6. Appendix A: Standard European Consumer Credit Information: Mandatory pre-contractual information as per EU directive

7. Appendix B: Data Protection Notice: Detailed privacy notice and data processing information