Assume I had an account with your bank, DD, with a debit card and opted in to overdraft coverage for checks, ACH and debit card transactions. What would happen if my ledger balance is $100, I have no memo posted items pending, and I try to pay for $180 in groceries at Target with my debit card? Will that transaction be approved based on the fact I have opted into coverage for debit card transactions?
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8