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-   -   Banking terms (https://www.askmehelpdesk.com/showthread.php?t=134308)

  • Sep 26, 2007, 10:02 PM
    saji
    Banking terms
    What do we mean by over draft in banking terms?
  • Sep 26, 2007, 10:04 PM
    Fr_Chuck
    You would be in over draft, if you wrote checks for more money than you had in the account and they would honor the check and pay it, so you have a negative balance in the bank,
  • Oct 3, 2007, 06:26 AM
    lasbell
    Quote:
    Originally Posted by saji
    What do we mean by over draft in banking terms?
    Drawing your account negative

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