OVERDRAFT CREDIT IN COMMERCIAL BANKS AND ITS ACCOUNTING

The article explains the role and importance of overdraft in ensuring the liquidity and solvency of bank customers, its emergence, specific features. In commercial banks of the Republic of Uzbekistan, the conditions, terms, interest rates, and amounts of overdraft in the banks offering overdraft are studied in the accounting records. The work on overdraft in the Russian Federation and the United Kingdom has been studied. The banking system of Uzbekistan has studied the provision of overdraft using foreign experience.