I don't know about Australia, but in the U.K. that's pretty much standard. Most current accounts come with an authorised overdraft limit, even if it's just a fe

I don't know about Australia, but in the U.K. that's pretty much standard. Most current accounts come with an authorised overdraft limit, even if it's just a few hundred pounds. I've had to specifically state that I don't want one when opening an account.