Protect your pocketbook—and account history—by using another account as overdraft protection.
Protect yourself and your account history by establishing overdraft protection on your Global Business Checking account. Use one of the following as a backup:
If you overdraw your checking account, the overdrawn amount will be transferred from the designated account.
If an overdraft transfer(s) totaling more than $25 is made from a Savings or Money Market account, a $5.00 per day fee will be charged.
Transfers from a credit line loan will be rounded up to the nearest $100 amount that is sufficient to clear the overdrawn checking account balance. There is a $5.00 per day fee for this service.
A negative balance fee will be charged each day we pay an item using Overdraft Services for Debit Cards (formerly Overdraft Services) due to a negative available balance. The amount of the fee will be based on the total amount the account is overdrawn at the end of the day.
Yes. Record keeping is easy because you receive a notice whenever overdraft protection has been activated.
Complete the Overdraft Credit Line application and submit to Business and Commercial Services. If you have any questions, you can contact us at 877-646-6670.
Our business professionals are here to help. Get in touch with a member of our team for a complimentary, no-obligation consultation.