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It's called an overdraft fee.
The institution charges an overdraft fee of $20 for the check overdraft but cannot assess an overdraft fee for the debit card transaction.
Have you ever paid a hefty overdraft fee for a relatively small purchase?
(An overdraft fee is a hefty $34, so you'd better deposit that babysitting money, pronto).
The median bank overdraft fee has remained steady at $35 since 2010.
Do you think an overdraft fee disclosure box on your bank statement would be helpful?
The institution may not assess an overdraft fee for the debit card transaction.
Thus, the institution may charge a $20 sustained overdraft fee on March 8. iii.
RBS, which is 82% owned by taxpayers, is introducing an arranged overdraft fee on 12 July.
Eventually, consumers and merchants howled loud enough in protest that we ended up with overdraft fee regulation.
Now, after paying an overdraft fee, she double-checks the account number every time she makes a payment.
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