Overdraft Fee definition

Overdraft Fee means any fee assessed to an Account when paying an item at a time the Account has insufficient funds to cover the item. Fees charged to transfer balances from other accounts are excluded.
Overdraft Fee means the fee charged when the Bank pays an Item charged to your Account resulting in an Overdraft, rather than returning the Item. • New Deposit Account means a deposit account that has not been open for longer than 90 calendar days. This definition is applicable only to external transfers as outlined within this Account Agreement. • NSF (Non-Sufficient Funds) Fee means the fee charged when an Item presented for payment exceeds the available funds in your Account and the Bank returns the Item unpaid.

Examples of Overdraft Fee in a sentence

  • On January 24, 2019, Plaintiff filed a Class Action Complaint in the United States District Court for the Eastern District of New York seeking monetary damages and other relief from Capital One based on its allegedly unfair and misleading assessment of more than one NSF and/or Overdraft Fee on the same item.


More Definitions of Overdraft Fee

Overdraft Fee or “OD Fee” means any fee assessed to an Accountholder for items paid when the Account had insufficient funds.
Overdraft Fee means the fee charged to your account when you are not covered by the CIBC Overdraft Protection Service and we choose to process a debit which results in your account being overdrawn, as set out in section 14 above. ● “Personal Deposit Account and CIBC Overdraft Protection Service Application” means the account Personal Deposit Account and CIBC Overdraft Protection Service Application you signed when opening the account, or when requesting that you be added as a joint accountholder on the account, as applicable.
Overdraft Fee means a fee assessed against a member’s checking account when that account does not have sufficient funds at the time a transaction is presented for payment that was not reversed.
Overdraft Fee means “an overdraft fee, daily overdraft fee, continuous overdraft fee, or other similar fee charged by [National City Bank] to a holder of a National City Account and associated with a National City Debit
Overdraft Fee means any fee imposed and collected by Popular as a result of an Account being overdrawn, including both the one-time initial fee charged by Popular for each transaction that exceeded a customer’s account balance (“Initial Overdraft Fee”), and the daily fee that, effective January 25, 2012, Popular charged beginning the 5th business day that an account remained overdrawn (“Continuous Overdraft Fee”). Overdraft Fees include those fees described in monthly account statements as: “Overdraft Withdrawal,” “Overdraft Fee,” “Continuous Overdraft Fee” or “NSF/Unavailable Fee.” Only Overdraft Fees charged as a result of ATM withdrawals or POS Debit Card purchases are potentially recoverable in this Settlement.
Overdraft Fee means a fee assessed against a member’s checking account when that account does not have sufficient funds at the time a transaction is presented for payment that was not reversed within 30 days of assessment.
Overdraft Fee means any fee or fees assessed to a holder of an Account for APPSN transactions.