Overdraft minimum amount

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Overdraft minimum amount

Overdraft minimum amount is the smallest value that a banking institution will transfer into an account when the available balance isn't sufficient to cover requested withdrawals. An account may, for example, have an overdraft minimum of $25. If the account balance is $100, and a check in the amount of $110 is presented for payment, the bank will advance the accountholder $25, rather than just the $10 overage.

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