Accountancy, asked by vishwanathsinghvishu, 4 months ago

What is a bank overdraft?

Answers

Answered by sharat134

Answer:

The Bank 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.

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What is a bank overdraft?​

Answers

What is a bank overdraft?