Examples of OD Fee in a sentence
Overdraft (OD) Fee: A fee of $25.00 per item will be assessed for each overdraft item paid by check, in-person withdrawal, or other electronic means.
With Overdraft Privilege, the transaction is paid, a separate $32.00 OD Fee was charged, making the new Available balance a negative $64.00.
The new C/L balance is now also negative $64.00 ($28.00 minus $60 restaurant transaction minus $32 OD Fee).
Overdraft (OD/NSF) Fees Basic OD Fee Charges and Fees For posted or non-posted items without Positive Pay First 30 days No charge After 30 days $2 per item reviewed Returned debits $0 Paid Debits First or Second Occurrence $0 Third or Subsequent Occurrence $25 per debit Maximum daily OD fees $25 per day An occurrence is any business day on which one or more items are presented for payment and there are not enough available funds in your account to cover the item(s).
With Overdraft Privilege, the transaction is paid, and the member is charged an Overdraft (OD) Fee of $32.00, taking the Available balance to negative $37.00.
DO NOTHING If you have been assessed the type of NSF fee and/or OD Fee that is being challenged in this case, then you will receive a payment from the Settlement Fund so long as you do not exclude yourself (described in the next box).