Unauthorised Overdraft definition
Unauthorised Overdraft means an overdraft which we provide to you subject to Special Conditions on an Account, and which is not a Multi-Currency Pooling Overdraft;
Unauthorised Overdraft means any overdraft on the account no matter how it arises.
Unauthorised Overdraft means where your account is overdrawn in excess of an agreed overdraft or (where there is no agreed overdraft) any overdraft on your account.
Examples of Unauthorised Overdraft in a sentence
Interest will be payable on amounts owing in excess of the agreed limit at Lloyds Bank Unauthorised Overdraft Rate (presently 13%).
More Definitions of Unauthorised Overdraft
Unauthorised Overdraft means at any time the debit balance of the Current Account and in case there is an authorized debit on the Current Account in accordance with the relevant Overdraft Loan Agreement, such debit balance amount on the Current Account by which the debit balance on the Current Account exceeds the amount of the authorised debit in accordance with the relevant Overdraft Loan Agreement.
Unauthorised Overdraft means where your account is overdrawn in excess of the overdraft limit or (where the overdraft limit is withdrawn) any overdraft on your account;
Unauthorised Overdraft. : means an overdraft where you have exceeded any approved overdraft limit or, you have gone overdrawn and do not have any approved overdraft limit.