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OVERDRAFT SERVICES Option×Opt-out Consent Form What You Need To Know About Overdrafts And Overdraft Fees An overdraft occurs when you do not have enough money in your account to cover a transaction
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Downloading the overdraft refers to withdrawing more money from a bank account than what is available in the account.
Any individual or business that has overdrafted their bank account.
To download the overdraft, one must request an overdraft transfer or withdraw more money than what is available in the account.
The purpose of downloading the overdraft is to access additional funds temporarily when the account balance is insufficient.
The amount of the overdraft, the date of the transaction, and any fees associated with the overdraft must be reported.
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