Business Studies, asked by pawangulwani, 10 months ago

what is meant by bankoverdraft

Answers

Answered by yogichaudhary

Answer:

The term bank overdraft refers to a withdrawal of money that is greater than the available balance in an account. Banks can provide overdraft protection, which is a service that allows a withdrawal to occur even though there are insufficient funds in the account.

Answered by AabhaSharma

Answer:

The term bank overdraft refers to a withdrawal of money that is greater than the available balance in an account. Banks can provide overdraft protection, which is a service that allows a withdrawal to occur even though there are insufficient funds in the account.

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