Will i still get charged by my bank if i go overdrawn and then in credit the same day?
Answers:
it depends how much overdrawn you go.. I went under by £6 and as soon as I noticed I transferred money from my other account into the overdrawn one. I phoned the bank to ask if they were going to charge me £30 and she said I wouldn't be charged at all because it was under £10 and was paid back on the same day
sure will.
If you get a nice teller though, you might be able to get them to reverse it. You have to go in in person and talk to them though, it's easier to refuse over the phone.
No as long as it's within the same day I do this all the time with my bank and have never been charged!!
Not if you get it in beforre 3pm the same day they can not charge you though they will then argue it !
absolutely!
i dont know, ask your bank
You have to talk to the manager of the bank---when I know this is going to happen I call up the manager first and let her know---she knows me tho :-/
At my bank as long as I get the funds in before 2:00 pm it always covers the overage.
nope. as long as you make it positive the same day...well thats my bank anyways...may want to contact your bank and find out.
Yes. They get you every chance they get!
no because any charges are applied at the end ot the working day and you would be in credit then
Depends on your bank.I use a credit union and they charge.
No you should be fine. and if they do, just claim it back anyway
If you made the purchase before you received the credit, then yes. The banks will always make whichever transaction comes first. Besides, overdraft fees is how they make most of thier money!
yes the computer immediately charges you as soon as you are overdrawn
Most banks do credits first on things like transfers but they are done at the start of the working day -so if you are OD at 8am and then put some cash in at 11am then you will have been charged.
Probably. Banks are not 'not for profit' orgs..However, most will remove the charge if you ask them to--especially in this circumstance. Part of the issue is business gets by with what it can get by with...don't let them. People fire banks all the time for things like this! Hope this helps.
Depends on the bank. If you overdraft first and then deposit money, technically they can charge you, but you will most likely be able to get out of it. Most banks process debits before credits on any given day just to screw people over...so if you can, go to the bank and deposit money first.
Dude,There's a good chance you won't be charged.Most banks do credits a.m (putting money into account),and debits p.m (charges,fees,direct debits).
You can relax.
banks only make money by charging you more, so if they get a chance they will charge you, plus more if you let them
Depends on the bank.
Yes. The overdrawn is always first. You would have to speak to the bank manager in order to see if they would drop the OD charge.
Yes UNLESS you ask the teller to "post" your deposit right away. Normally it's not posted the same day unless you ask. another banking scam they take everyones money and dont pay them interest for 24 hours.
Depends if you have an agreed overdraft, if you have than you not be charged a fee but will probably have a small interest charge to pay. If you don't have an agreed overdraft then you will have to pay a fee and a small interest charge
Depends on the bank. Some banks charge a fee for each time you go into overdraft, while others will charge you a flat monthly fee and not charge you per occurance. Some will give you the option of which of these methods best works for you. There should not be an interest cost if it is covered the same day, as interest is calculated on the day-ending balance. Call their 1-800 customer service line because the answer will depend on where you bank.
Depends on the bank, I think, but if you get it in there early enough they will probably put in all your credits first, then take out charges and you won't get overdrawn. That's if your bank is nice. lol
The majority of the UK banks will calculate whether you are overdrawn at the close of business.
Therefore as long as you are in credit by 3.00pm or 4.00pm (depending on your bank) then you will be fine. (HSBC and Barclays defiantly operate like this).
However, it is still worth checking with your bank directly.
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