Life happens! We at Charlotte State Bank & Trust understand that from time to time you may unexpectedly overdraft your account. Protect your business from returned checks. Overdraft Coverage can help.
Consider these ways to cover overdrafts:
All eligible business accounts have Extended Overdraft Privilege Coverage, which covers all transaction types listed below:
|Transactions Covered with Extended Overdraft Privilege|
|ACH - Automatic Debits||X|
|Recurring Debit Card Payments||X|
|Online Bill Pay Items||X|
|Teller Window Transactions||X|
|Everyday Debit Card Transactions||X|
However, because of the many ways we allow you to access your account, the posting order of individual items may differ from these general policies. Holds on funds (described herein) and the order in which transactions are posted may affect the total amount of Overdraft Item Fees or Return Item Fees assessed.