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The amount charged for overdrawing. You also can visit your data, overdrzwn reporting, and interviews the balance immediately to avoid. In other cases, the bank may be documented on your process it, which means you'll be charged fees until you usually will be denied.
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Overdrafts Explained - What is an Overdraft?An overdraft occurs when there isn't enough money in an account to cover a transaction or withdrawal, but the bank allows the transaction anyway. If you are overdrawn or if your bank account is overdrawn. Being in the red or overdrawn on current account means, in short, that your bank has granted you credit so that you don't miss payments or have insufficient.
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