What is an overdraft fee list two reasons why banks charge overdraft fees?

Question

asked Mar 13, 2021 102k views

2 Answers

← Prev Question Next Question →

Ask a Question

Ashazar · Answer 1 · 2021-03-15T21:16:37+0000

Answer: Overdraft fee is when you withdraw more money from an account than the current balance of that account.

Step-by-step explanation:

Fees are charged to discourage overdrawing accounts and to make money from fees.

Jaylene · Answer 2 · 2021-03-17T17:17:02+0000

Answer:

An overdraft fee is a fee banks charge for withdrawing more money from an account than the current balance of that account. Banks charge overdraft fees to discourage overdrawing accounts and to make money from fees.

Explanation:

What is an overdraft fee list two reasons why banks charge overdraft fees?

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions