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OVERDRAFT PROTECTION SERVICE AGREEMENT ADDENDUM EFFECTIVE JUNE 16, 2019, This Overdraft Protection Service Agreement Addendum (OD Agreement) contains the terms and conditions for the use of Discover

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What is overdraft protection service agreement?

The overdraft protection service agreement is a contract between a financial institution and an account holder that allows the account holder to access funds even if there are insufficient funds in the account.

Who is required to file overdraft protection service agreement?

All account holders who wish to have overdraft protection are required to file the overdraft protection service agreement.

How to fill out overdraft protection service agreement?

To fill out the overdraft protection service agreement, account holders must provide their personal information, account details, and agree to the terms and conditions set by the financial institution.

What is the purpose of overdraft protection service agreement?

The purpose of the overdraft protection service agreement is to provide account holders with a safety net in case they overspend or miscalculate their finances.

What information must be reported on overdraft protection service agreement?

The overdraft protection service agreement must include account holder's personal information, account details, overdraft limit, fees, and terms and conditions.

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