
In Banking - Asked by Admin - 9 months ago
Banks or ATMs may allow cash withdrawals despite insufficient availability of funds. The account holder may or may not be aware of this fact at the time of the withdrawal. If the ATM is unable to communicate with the cardholder's bank, it may automatically authorize a withdrawal based on limits preset by the authorizing network.
Answered by Admin - 9 months ago
Tags: banking, banks, , what is an atm overdraft?
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