Economy, asked by mabiyashehewar3101, 1 day ago

what are the ueses of overdrafts

Answers

Answered by Anonymous

0

The overdraft allows the account holder to continue withdrawing money even when the account has no funds in it or has insufficient funds to cover the amount of the withdrawal. Basically, an overdraft means that the bank allows customers to borrow a set amount of money.

Answered by ananyanaskar28

0

Answer:

The overdraft allows the account holder to continue withdrawing money even when the account has no funds in it or has insufficient funds to cover the amount of the withdrawal. Basically, an overdraft means that the bank allows customers to borrow a set amount of money.

Explanation:

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