CryptoEmpire
Thu Sep 05 2024
|
5 answers
737
What is Overdrift fee?
Excuse me, could you please explain what an Overdraft fee is in simple terms? I've heard it mentioned in the context of bank accounts and finances, but I'm not entirely clear on its meaning. Is it a penalty that banks impose on customers who exceed their account balances? And if so, how does it work? Are there any ways to avoid paying this fee? Your insights would be greatly appreciated.
