Overdrawn definition

Overdrawn means you have exceeded the available balance of your account. You will be in breach if you do not pay this outstanding amount or make appropriate arrangements with FNB and FNB will have the right to take legal action against you, without further notice, to recover what you owe FNB.
Overdrawn means a negative current balance in your account.
Overdrawn and “in overdraft” means you have taken more money from your Account than you have in it and can also mean the amount of money which you owe us as a result of doing that.

Examples of Overdrawn in a sentence

  • Overdrawn accounts with banks should be reported in data element 23A.

  • Overdrawn deposit accounts of customers should be regarded as loans made by the reporting institution and should not be reported as negative deposits.

  • Overdrawn: Consumer Experiences with Overdraft, Pew Charitable Trusts 8 (June 2014), https://bit.ly/3ksKD0I.

  • Overdrawn balances User agrees not to use the Aamar Bank in any way that would create unauthorized borrowing on any of his/her Accounts.

  • You agree that each time that your Available Balance is exceeded, you will be charged a one-off Overdrawn Account Fee.


More Definitions of Overdrawn

Overdrawn. When your HMBradley Account has a negaPve balance and there are not sufficient funds in the account available for ACH debits, to pay items or make withdrawals. PIN: A personal idenPficaPon number that you either select or request from us for your debit card. PosPng order: The order in which we generally apply deposits and withdrawals to your HMBradley Account each business day, which is described in SecPon 3.09 of this Agreement. Preauthorized electronic fund transfer (preauthorized EFT): An electronic fund transfer authorized in advance to recur at substanPally regular intervals. Remotely created item: An item created by the payee and not signed by the drawer accountholder. Text: A short electronic message sent to and received by a mobile phone. Unauthorized electronic fund transfer (unauthorized EFT): An EFT from your HMBradley Account iniPated by a person other than you without actual authority to iniPate the transfer and from which you receive no benefit. The term does not include an EFT iniPated: • By a person who was furnished the access device to your HMBradley Account by you; or • With your fraudulent intent or any person acPng in concert with you. Website: The HMBradley website, haps://xxx.xxxxxxxxx.xxx, through which the Online Banking Services of the Bank are made available to you.
Overdrawn means that the Customer has received Support of a greater value to that of the Credits purchased to date, hence the Customer's Account is Overdrawn. When this scenario arises the Customer can either renew the Agreement or be invoiced individually at the pre agreed hourly rate after each visit, until the renewal of the Agreement.
Overdrawn and “in overdraft” means you have taken more
Overdrawn means that your Account has a negative balance.
Overdrawn. When your account has a negative balance. PIN: A four-digit personal identification number that you either select or request from us for your debit or ATM card. Some merchants and all ATMs require a PIN when you use a debit card. Present balance: The total amount of money recorded in your account, including funds not yet available for you to use. This includes pending transactions, authorization holds that are not yet posted or deposits that have not yet been made available. You can find this balance on receipts you receive at ATMs, from a banker at a branch, on xxxxx.xxx or Chase Mobile.
Overdrawn or “Overdrawing” means the total authorized groundwater use from a groundwater reservoir, or part thereof, has a combined annual volume that exceeds the average annual recharge to that groundwater reservoir.
Overdrawn. When your account has a negative balance. PIN: A four-digit personal identification number that you either select or request from us for your Starbucks Card. You can use a PIN with a purchase and to identify yourself to customer service.