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.

Overdraft Fee or “OD Fee” means any fee assessed to an Accountholder for items paid when the Account had insufficient funds.

Examples of Overdraft Fee in a sentence

• Whether we return or pay a Non-Sufficient Funds item, a flat per-item handling fee of $35.00 will be charged to your account as an Authorized Overdraft Fee, as set forth in our common fees schedule.

• If you are opted in to the Optional Overdraft Service for Debit Card Transactions, you may be charged an Overdraft Fee.

• Therefore, if a transaction debits your Account in the morning and exceeds your Available Balance at that time, you may be charged an NSF Fee or Overdraft Fee, even if a deposit or credit transaction occurring later that day raises your Available Balance above $0.00.

• If, on re-presentment of the item, the available balance in your account is sufficient to cover the item we may pay the item, and, if payment causes an overdraft, charge an Overdraft Fee.

• Result: A $34 Overdraft Fee was not charged because your account balance is overdrawn by $50 or less at the end of the business day.

More Definitions of Overdraft Fee

Overdraft Fee means any fee assessed to an Account for an item paid when TD Bank, Carolina First Bank and/or Mercantile Bank determined the Account had insufficient funds to cover the item, including but not limited to when the Account had a negative Available Balance. Sustained Overdraft Fees and fees charged to transfer balances from other accounts are excluded.

Overdraft Fee means “Regulation E Overdraft Charges” and “Sufficient Funds Overdraft Charges.”

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 any fee or fees assessed to an Account resulting from item(s) paid because the Account had insufficient funds to cover the item(s). Fees charged to transfer funds from other accounts are excluded.

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 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 “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