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What is Overdraft Protection (ODP)?

ODP overdraft
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What is Overdraft Protection (ODP)?

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Overdraft Protection is a convenient, affordable and reliable way to ensure that funds are always available to cover cheques, automated banking machine (ABM) transactions, pre-authorized payments and Interac Direct Payment purchases. If you run short of funds, Overdraft Protection will be there to cover you up to your approved limit.

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