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$1000 Overdraft Limit

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This topic contains 1 reply, has 2 voices, and was last updated by  rcooper 3 years, 7 months ago.

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  • #7136

    Evelyn
    Participant

    When determining the $1000 overdraft limit for directors, are fees included or excluded from the $1000. For instance, an account is overdrawn -$990 based on presentment items but with fees is overdrawn more than $1000? Are fees factored?

    #7138

    rcooper
    Keymaster

    In my opinion the fee should be included in the aggregate overdraft amount.

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