overdrawn in A Sentence

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    Is the invocation of heaven not Overdrawn?

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    2

    Maximum Eligible Overdrawing.

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    3

    The amount Overdrawn from the bank is called bank overdraft.

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    A situation which has provoked much controversy is the bank declining a cheque/Direct Debit, levying a fee which takes the customer Overdrawn and then charging them for going Overdrawn.

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    Like an overdraft line of credit, the balance of the bounce protection plan may be viewable as part of the customer's available balance, yet the bank reserves the right to refuse payment of an Overdrawn item, as with traditional ad hoc coverage.

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    6

    If the borrower fails to pay the interest in overdraft account and/or the accounts remains Overdrawn for a quarter, bank shall have right to cancel the facility, liquidate it by prepaying the deposit and appropriating proceeds thereof after giving due notice to the customer.

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