Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Which of the following is an example of overdraft protection?
O a block on transactions after $500 was spent in a day
O an update from the bank when an account balance is less than $50
O a debit card transaction clearing when there are insufficient funds in the account
O a call from the bank in regard to a fraudulent transaction

Sagot :

Answer:

(B)  an update from the bank when an account balance is less than $50

Step-by-step explanation:

overdraft occurs when money is withdrawn in excess of what is on the current account. In this situation the account is said to be "overdrawn". This applies to debit cards and how much you have on your balance :)

A debit card transaction clearing when there are insufficient funds in the account.
We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.