Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

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overdraft occurs when money is withdrawn in excess of what is on the current account.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.
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.