Donate SIGN UP

Bank overdraft

Avatar Image
freak_unique | 21:20 Fri 25th Aug 2006 | Business & Finance
2 Answers
I have applied for an upgraded bank account which gives me a better debit card. And they are allowing me to have a �100 overdraft. I have to go dwn tomorow and sort out the forms but i have to pay �100 into the bank account and leave it in for 24 hours. Why do i have to pay this in? is this my actual overdraft that i pay in or do i just pay this money in to prove i can afford to pay the over draft back? as when i opened a normal account i just had to put a couple of quid in.
Cheers :)
Gravatar

Answers

1 to 2 of 2rss feed

Best Answer

No best answer has yet been selected by freak_unique. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Ask the bank!
its probably just one of the conditions of the upgraded account, wouldnt think it has anything at all to do with the Overdraft limit, just a coincidence that both are �100

1 to 2 of 2rss feed

Do you know the answer?

Bank overdraft

Answer Question >>