Common use of Unarranged Overdrafts Clause in Contracts

Unarranged Overdrafts. a) Without contacting us at all, you can also request an overdraft by trying to make a payment from your current account: i) where you do not have enough available money in your account to make the payment and you have no Arranged Overdraft; or ii) the payment causes your current account to go over, or further over, any Arranged Overdraft limit we have previously agreed with you, and in either case this is referred to as an ‘Unarranged Overdraft’ request. b) You will automatically be treated as requesting an Unarranged Overdraft on an applicable account if you do not have enough available money in your current account, or enough unused Arranged Overdraft with us and; i) you try to make a payment from your current account using your debit card or by cheque; ii) you try to withdraw money from your current account; iii) you have made one or more payments from your current account against a cheque which is later returned as unpaid; iv) you try to make a payment against a deposit in your current account which has not been processed; v) you allow an automated payment, such as Direct Debit or standing order, to be processed on your current account; or vi) fees or interest are charged to your account.

Unarranged Overdrafts. a) Without contacting us at all, you can also request an overdraft by trying to make a payment from your current account: i) where you do not have enough available money in your account to make the payment and you have no Arranged Overdraft; or ii) the payment causes your current account to go over, or further over, any Arranged Overdraft limit we have previously agreed with you, and in either case this is referred to as an ‘Unarranged Overdraft’ request. b) You will automatically be treated as requesting an Unarranged Overdraft on an applicable account if you do not have enough available money in your current account, or enough unused Arranged Overdraft with us and; i) you try to make a payment from your current account using your debit card or by cheque; ii) you try to withdraw money from your current account; iii) you have made one or more payments from your current account against a cheque which is later returned as unpaid; iv) you try to make a payment against a deposit in your current account which has not been processed; v) you allow an automated payment, such as Direct Debit or standing order, to be processed on your current account; or vi) fees or interest are charged to your account. c) We may agree to give you an Unarranged Overdraft or we may refuse to do so. If we agree to your Unarranged Overdraft request, we will give you an Unarranged Overdraft to cover the amount of the withdrawal or the payment involved. You won't incur any charges for this.

Unarranged Overdrafts. a) Without contacting us at all, you can also request an overdraft by trying to make a payment from your current account: i) where you do not have enough available money in your account to make the payment and you have no Arranged Overdraft; or ii) the payment causes your current account to go over, or further over, any Arranged Overdraft limit we have previously agreed with you, and in either case this is referred to as an ‘Unarranged Overdraft’ request. b) You will automatically be treated as requesting an Unarranged Overdraft on an applicable account if you do not have enough available money in your current account, or enough unused Arranged Overdraft with us and; i) you try to make a payment from your current account using your debit card or by cheque; ii) you try to withdraw money from your current account; iii) you have made one or more payments from your current account against a cheque which is later returned as unpaid; iv) you try to make a payment against a deposit in your current account which has not been processed; v) you allow an automated payment, such as Direct Debit or standing order, to be processed on your current account; or vi) fees or interest are charged to your account. c) We may agree to give you an Unarranged Overdraft or we may refuse to do so. If we agree to your Unarranged Overdraft request, we will give you an Unarranged Overdraft to cover the amount of the withdrawal or the payment involved. You won‘t incur any charges for this.