2006-08-18 00:25:07 · 7 answers · asked by lilbit6370 1 in Business & Finance ➔ Personal Finance
Oh yes they can, it happened in the company a work for, remember the terms NSF (non sufficient funds) that means that you wrote a check with no funds available and OVERDRAFT that you exceed the limit you have.
Some banks use only one charge but many use both of them.
But my recommendation is call Customer Service at that bank and ask to be sure. None information is better that from the source itself.
2006-08-18 03:02:42 · answer #1 · answered by Flaca II 5 · 2⤊ 0⤋
If you have overdraft protection then the bank will only charge you the nsf fee when you do not have anymore money. The bank will pay for the checks you have out and charge you the fee to help them with the balance.
well hope that this helps
2006-08-18 17:40:01 · answer #2 · answered by ? 5 · 0⤊ 0⤋
If you have overdraft protection they can charge you if you use it, and then slap you with a nsf charge on top, I dont think its right but they do what they want...call the bank and ask their policy if you haven't already.
2006-08-18 07:34:24 · answer #3 · answered by bburgandy 3 · 0⤊ 0⤋
whats NSF fee? bank has been charging me £5 everytime direct debit goes through. why?
2006-08-18 07:31:10 · answer #4 · answered by allgiggles1984 6 · 0⤊ 0⤋
You'll be lucky if thats all they charge you. Check your state laws. The bank will charge you the maximum fine possible.
2006-08-18 07:31:09 · answer #5 · answered by Crabboy4 4 · 0⤊ 0⤋
Its the same thing, so I would say no.
2006-08-18 07:30:33 · answer #6 · answered by skigod377 5 · 0⤊ 0⤋
neah!!!!!!!!!
2006-08-18 07:34:09 · answer #7 · answered by mortal_sinner 3 · 0⤊ 0⤋