asked 128k views
5 votes
A check written that exceeds the checking account balance creates an _______________________ or a

bounced check.

1 Answer

6 votes

The answer to this question is an OVERDRAFT. This means that the person writes a check that exceeds the amount of funds or balance in their accounts. The bank may charge an overdraft fee for writing a check which exceeds your fund balances. Checking accounts is still a safe type of bank account where in you can use it for buying goods and services and allows the person to keep their financial records intact.

answered
User Mian Majid
by
7.9k points
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