What is the Overdraft Privilege Program? What is my overdraft limit?
Rather than automatically returning unpaid, non-sufficient fund items which could then cause you to incur a fee from the payee, Alliance will pay these items up to $700. During the time period when you do not have sufficient funds in your account, you will incur an NSF/overdraft fee for each transaction that is posted. Please see fee schedule for current fees. As long as you bring your account current within each 30 day period, this benefit continues uninterrupted. Each time an overdraft occurs, we will send you a notice. You are automatically enrolled in this program for checks and ACH debits 30 days after you open a checking account unless you tell us otherwise. You must opt-in to participate in this program for debit and ATM transactions. Please click here to complete the Opt-in Form for Debit/ATM Transactions.
Related Questions
- If I have an overdraft privilege limit of $500 and overdraw my account by $500, then make a deposit of $150, is the remaining overdraft privilege limit available to me?
- What is the difference between overdraft protection and Strunk & Associates discretionary Overdraft Privilege Service Program?
- How does Strunk and Associates address compliance issues with their discretionary Overdraft Privilege Service Program?
