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  1. 11 de sept. de 2023 · Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft. At...

  2. Spanish: descubierto. In Lists: Bank terms, more... Collocations: have an overdraft account, pay an overdraft fee, with overdraft protection, more... Forum discussions with the word (s) "overdraft" in the title: An overdraft / To overdraw - financial. bank overdraft. Daily Overdraft and Holds - financial.

  3. Meaning of overdraft in English. overdraft. noun [ C ] uk / ˈəʊ.və.drɑːft / us / ˈoʊ.vɚ.dræft / Add to word list. C1. an amount of money that a customer with a bank account is temporarily allowed to owe to the bank, or the agreement that allows this: to run up/ pay off an overdraft. UK The bank offers overdraft facilities.

  4. Significado de overdraft en inglés. overdraft. noun [ C ] uk / ˈəʊ.və.drɑːft / us / ˈoʊ.vɚ.dræft / Add to word list. C1. an amount of money that a customer with a bank account is temporarily allowed to owe to the bank, or the agreement that allows this: to run up/ pay off an overdraft. UK The bank offers overdraft facilities.

  5. 12 de abr. de 2024 · Key Takeaways. An overdraft is a bank credit facility. It lets account holders withdraw or pay a higher amount than what is available in their current or savings accounts. There are two basic types of overdrafts – secured and unsecured.

  6. noun [ C ] uk / ˈəʊ.və.drɑːft/ us / ˈoʊ.vɚ.dræft/ Add to word list. C1. an amount of money that a customer with a bank account is temporarily allowed to owe to the bank, or the agreement that allows this. descubierto. to run up/ pay off an overdraft quedarse en descubierto, pagar un descubierto. UK The bank offers overdraft facilities.

  7. 31 de ene. de 2024 · An overdraft occurs when you dont have enough money in your account to cover a transaction, but the bank pays the transaction anyway. Tip. Deposits to your account may not be immediately available for your use. Always make sure you have sufficient available funds in your account.

  8. 30 de nov. de 2022 · Definition. An overdraft refers to when a transaction exceeds your available balance, but your bank or credit union covers the transaction anyway. Key Takeaways. An overdraft can allow transactions to go through, even if you don’t have available funds in your account.

  9. This is called an overdraftwhen you spend or withdraw more than you have in your account, but the transaction still goes through. Much of the time, this is possible through a service called overdraft protection—or overdraft service. 2. What is overdraft protection? Overdraft protection is a program offered by many banks.

  10. 17 de abr. de 2024 · Overdraft protection is a feature of some accounts that allows the bank to complete the transaction, even if your balance is insufficient. Because the transaction moves...