Common use of Overdraft and Returned Item Fees Clause in Contracts

Overdraft and Returned Item Fees. An NSF Fee will be charged when an Item that exceeds your Available Balance is paid or returned. You may be charged more than one (1) NSF Fee if multiple Items cause your Account to be overdrawn or if multiple Items are returned. You will not be charged more than three (3) NSF Fees in any one (1) Business Day. You will not be charged an NSF Fee on any Business Day that your end of day Available Balance is or would have been overdrawn by $4.99 or less. In addition, no NSF Fee will be charged if the Item causing or increasing the overdrawn amount is $2.49 or less.

Overdraft and Returned Item Fees. An A NSF Fee will be charged when an Item that exceeds your Available Balance is paid or returned. You may be charged more than one (1) NSF Fee if multiple Items cause your Account to be overdrawn or if multiple Items are returned. Important: You will not be charged more than three (3) NSF Fees in any one (1) Business Day. You will not be charged an NSF Fee on any Business Day that your end of day Available Balance is or would have been overdrawn by $4.99 or less. In addition, no NSF Fee will be charged if the Item causing or increasing the overdrawn amount is $2.49 or less.