Overdrawing definition

Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction. Some transactions that can result in an overdraft in your checking account include, but are not limited to:
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection plan or the Courtesy Pay Service or Select Accept Service, which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone-initiated transfers, preauthorized payments under our ▇▇▇▇ ▇▇▇▇▇ Service, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the assessment of service charges by us; or (4) the deposit of items that are treated as not yet “available” according to our Funds Availability Policy.
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone initiated transfers, preauthorized payments under our Bill Payment Service, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the assessment of service charges by us; or (4) the deposit of items that are treated as not yet “available” according to our Funds Availability Policy.

Examples of Overdrawing in a sentence

  • Fees Associated with Overdrawing Your Account – Courtesy Pay Fees.

  • Fees Associated with Overdrawing Your Account – Overdraft Transfer Service.

  • Fees Associated with Overdrawing Your Account – Overdraft Protection Service: There are fees associated with using our Overdraft Protection Service.

  • Fees Associated with Overdrawing Your Account – Courtesy Pay Fees: We assess a fee each time an item is presented for payment that we either pay, resulting in an overdraft, or which we decline pay because payment of the item would result in an overdraft had we paid it.

  • Overdrawing your account - You agree that you will not use Online Banking to overdraw your account.


More Definitions of Overdrawing

Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under a standard overdraft protection service which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone-initiated transfers, teller withdrawals, pending authorizations for debits to your account resulting from your use of your debit card, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the assessment of service charges by us; or
Overdrawing your account means that your account balance, minus any deposits you have made that are not yet available, and minus any holds on your account, is less than
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection plan or the Courtesy Pay Service, which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone-initiated transfers, preauthorized payments under our Bill Pay service, ATM withdrawals, teller withdrawals, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the assessment of service charges by us; or (4) the deposit of items that are treated as not yet “available” according to our Funds Availability Policy as set forth in the Important Account Information For Our Members disclosure booklet.
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection plan or the Privilege Pay Program, which results in a negative “overdrawn” balance exceeding our Privilege Pay grace amount. Specifically, Privilege Pay charges will not be charged against any account until the account has exceeded a $12.00 negative share available balance (the grace amount).
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection plan or the Courtesy Pay Service or Select Accept Service, which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to:
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection service or the Premium Overdraft Services (Premium Overdraft or Premium Overdraft Plus), which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone-initiated transfers, preauthorized payments under our Bill Payment Service, or other withdrawal requests authorized by you;
Overdrawing your account means that there are not sufficient available funds in your account to pay for a transaction, but the transaction is paid under either an optional overdraft protection plan or the Courtesy Pay Service, which results in a negative “overdrawn” balance. Some transactions that can result in an overdraft in your checking account include, but are not limited to: (1) the payment of checks, electronic fund transfers, telephone-initiated transfers, preauthorized payments under our Bill Payment Service, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the assessment of service charges by us; or (4) the deposit of items that are treated as not yet “available” according to our Funds Availability Policy. If you also provide your consent to payment of overdrafts resulting from one-time debit card and ATM transactions, we will pay such overdrafts under our “Debit Card Option”, which expands our Courtesy Pay Service to include one-time debit card and ATM transactions. If we pay an overdraft transaction under the Courtesy Pay Service, the resulting fee is our “Overdrawn Item Paid” fee as stated in our Fee Schedule; if an overdraft that is covered by the Debit Card Option, the resulting fee is more specifically referred to as the “ATM/Debit Card Overdraft Paid” fee as stated in our Fee Schedule.