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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, but we pay it anyway. We can cover your overdrafts
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We also offer overdraft is a service provided by banks that allows account holders to withdraw more money than they have in their account, up to a certain limit.
Account holders who want to utilize the overdraft service are required to file for it with their bank.
To fill out the application for overdraft, account holders can visit their bank's branch or apply online through their banking portal.
The purpose of offering overdraft is to provide account holders with flexibility and convenience in managing their finances.
Account holders must report their income, expenses, and credit history to qualify for the overdraft service.
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