What is an overdraft fee?
An overdraft fee is the amount charged when an account does not have enough funds to cover a given transaction. This may occur when the balance in an account is less than the amount of a check you have issued or a check card transaction you have made. Although Bank of America is not obligated to pay an item presented if your account does not have sufficient funds, the bank will pay these items as a courtesy to you. If you are assessed an overdraft fee, you can view complete details in your Online Banking transaction record by visiting the link associated with this fee.