rhymes
1 Answer
ROMOS
An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said to be "overdrawn". If there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then interest is normally charged at the agreed rate. If the negative balance exceeds the agreed terms, then additional fees may be charged and higher interest rates may apply.
| 13 years ago. Rating: 1 | |
Top contributors in Personal Finance category
Unanswered Questions
vlxx
Answers: 0
Views: 0
Rating: 0
Uu88 Casino: Trai Nghiem Game Truc Tuyen Muot Ma Nhu Buoc Vao The Gioi Giai Tri Cao Cap
Answers: 0
Views: 9
Rating: 0
bj88abnet
Answers: 0
Views: 9
Rating: 0
Mahadev Book: Elevate Your Betting Skills with Confidence
Answers: 0
Views: 13
Rating: 0
net88atcom
Answers: 0
Views: 15
Rating: 0
good99abnet
Answers: 0
Views: 15
Rating: 0
NET88 ATCOM
Answers: 0
Views: 14
Rating: 0
King88
> More questions...
Answers: 0
Views: 14
Rating: 0