Overdraft Coverage
Our Overdraft Coverage is a part of our current account and it can pay for your cheques, ACH and other automated payments if you don’t have sufficient funds in your account. With our Overdraft Coverage, we give you additional time to make a deposit and avoid paying Overdraft Fees. When you are overdrawn, we will notify you on our next business day via an Overdraft Notice. You can also get this information by calling us or by visiting our branch. We will give your extra time to make a deposit that brings your available balance to at least €0. You must deposit enough to cover all items that caused your overdraft plus any outstanding cheques, automatic payments, or pending debit card purchases that may be presented that business day. If you bring your available balance to at least €0, we will not assess any Overdraft Fees. If your deposit is not enough to cover all items that caused your overdraft plus any new transactions, you may be assessed per-item Overdraft Fees.
Why Choose
Overdraft Protection
With Overdraft Protection, your current account is linked to your accounts and available funds are automatically moved from one of your other accounts to pay for items, like cheques and debit card purchases, and help you avoid being overdrawn.
Fees and Charges
- Overdraft Protection Transfer Fee is €10 for Current and Business Accounts.
- Exact amount of the negative balance plus the Overdraft Protection Transfer Fee is transferred the next business day (savings or current account only)
- The amount transferred will be subject to both the available cash advance limit and interest rate applicable (Credit Cards only)
