Arranged Overdraft definition

Arranged Overdraft means when we and you agree in advance that you may borrow money when there is no money left in the Account. The agreement determines a maximum amount that can be borrowed, and whether fees and interest will be charged to you. Associate means a person or entity that is connected with us or any member of the Xxxxxxxxx Banking Group.

Arranged Overdraft means where Your Debit Balance is within the Overdraft Limit. You must agree Your limit with Us before it is available to use;

Arranged Overdraft means the account provider and the customer agree in advance that the customer may borrow money when there is no money left in the account. The agreement determines a maximum amount that can be borrowed, and whether fees and interest will be charged to the customer.

Examples of Arranged Overdraft in a sentence

• The actual amount, which may be different from this figure, will be confirmed in the Arranged Overdraft Agreement letter.The duration of the credit agreementThe agreement has no fixed duration.Repayment of the creditWe may require you to repay the credit in full on demand at any time.

• If you switch your account to us, we’ll give you a four-month interest free and fee-free Arranged Overdraft (depending on your circumstances and subject to an agreed limit).

• If you are an existing customer you can request an increase to or a reduction of an existing Arranged Overdraft limit by talking to us in branch, via Online Bank or over the phone.

• This current account comes with an interest-free and fee-free Arranged Overdraft.

• When you open your account, you’ll automatically get an Arranged Overdraft limit of £250 once you have provided the proof that you are a student.

• If you leave your course, you’ll no longer be eligible for this current account and any 1I2I3 Student Arranged Overdraft Allowance will be withdrawn.

• However when you move into the next academic year the limit may automatically increase in accordance with the allowances specified in Section 6.1. If you want to reduce your Arranged Overdraft limit again at this time you can do so by getting in touch with us.

• A person who unlawfully enters or remains in any dwelling, other structure, or vehicle, with the intent to commit theft or any serious or dangerous offense, is guilty of a serious offense.

• If you don’t regularly pay your salary into this current account, we reserve the right to stop providing some (or all) of the services on your current account, for example, cancelling any Arranged Overdraft allowance on your current account or closing your current account.

• The actual amount, which may be different from this figure, will be confirmed in the Arranged Overdraft Agreement letter.The duration of the credit agreement.The agreement has no fixed duration.Repayment of the credit.We may require you to repay the credit in full on demand at any time.3. Costs of the creditThis account does not incur debit interest.When you open your account, you will get an Arranged Overdraft limit of £250 once you have provided proof that you are a student.

More Definitions of Arranged Overdraft

Arranged Overdraft means the amount or credit limit of an Overdraft agreed with us in advance;

Arranged Overdraft means a type of Overdraft that is agreed in advance between the customer and their provider, allowing them to borrow money up to a certain amount if there is no money left in the account;

Arranged Overdraft means when we and you agree in advance that you may borrow money when there is no money left in the Account. The agreement determines a maximum amount that can be borrowed, and whether fees and interest will be charged to you. Associate means a person or entity that is connected with us or any member of the Arbuthnot Group.

Arranged Overdraft means the account provider and the customer agree in advance that the customer may borrow money when there is no money left in the account. The

Arranged Overdraft means an amount that we agree with you in advance that you may borrow money when there is no money left in your account. The Agreement determines a maximum amount that can be borrowed, and whether you will be charged fees and interest.