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Since the financial institution is essentially creating a loan by allowing an overdraft, what criteria should they use to determine if they should give a customer bill pay ability?

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Since the financial institution is essentially creating a loan by allowing an overdraft, what criteria should they use to determine if they should give a customer bill pay ability?

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This is totally up to the individual institution. Perhaps they should use the same criteria they use when allowing an overdraft on an on-us check.

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