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It helps that most bank accounts come with overdraft agreements and the bank can come after you for repayment with the full force of credit law behind them
by nly 2y ago
It helps that most bank accounts come with overdraft agreements and the bank can come after you for repayment with the full force of credit law behind them
- bguebert 2y agoYeah, banks try and encourage overdraws because they make a bunch of fees off them. I remember reading about some of them getting in trouble for reordering same day deposits in a way to maximize the overdraw fees. https://cw33.com/news/heres-how-banks-rearrange-transactions-in-order-to-charge-more-overdraft-fees/ https://cw33.com/news/heres-how-banks-rearrange-transactions...